£416,918
This estimated value is based upon the latest sale price for the house of £335,000 on 21 Mar 2019. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near Corran Way
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4 Broxburn Drive, South Ockendon, RM15 5QL
Phone: 02081289465
| Price Paid | Date |
|---|---|
| £335,000 | 21 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 sq feet |
This model uses changes in the Official Land Registry House Price Index for THURROCK to estimate the market value.
When this house was purchased in March 2019 the House Price Index for THURROCK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £335,000 results in an estimated price of approximately £416,918.
| 21 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £335,000 | £81,918 | £416,918 |
The Postcode Pricing Model uses changes in average sales price within the RM15 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -6.889 % | £-23,079 | £311,920 |
| 3 Month Average | 14.635 % | £49,028 | £384,028 |
| 6 Month Average | 11.033 % | £36,960 | £371,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £322,500 | £322,500 | 34 CRUICK AVENUE |
| 30 Nov 2023 | £379,637 | £370,000 | 115 STIFFORD ROAD |
| 6 Apr 2023 | £336,290 | £330,000 | 16 CULLEN SQUARE |
| 22 Feb 2023 | £382,555 | £380,000 | 16 CRUICK AVENUE |
| 27 Jan 2023 | £365,978 | £365,000 | 97 CULLEN SQUARE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 4 Jan 2019. Using an estimated price of £416,918 means this house is valued at £4,684 per sq meter (£435 per sq foot).
The average size of a house on CULLEN SQUARE is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Corran Way |
| Jul 2024 | Burglary | Under investigation | On or near Corran Way |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Corran Way |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Corran Way |
| Jun 2024 | Anti-social behaviour | On or near Corran Way |