£1,289,814
This estimated value is based upon the latest sale price for the house of £1,050,000 on 24 Jul 2019. This value is then adjusted by the current Official House Price Index for THURROCK 1
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4 Broxburn Drive, South Ockendon, RM15 5QL
Phone: 02081289465
Price Paid | Date |
---|---|
£1,050,000 | 24 Jul 2019 |
£170,000 | 14 Apr 1999 |
Detached |
Freehold |
Floor Area: 235 sq meters or 2,529 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 July 2019 the House Price Index for THURROCK was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,289,814.
24 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.0 | 22.839 % | £1,050,000 | £239,814 | £1,289,814 |
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 | 18.710 % | £196,458 | £1,246,458 |
3 Month Average | -0.042 % | £-438 | £1,049,561 |
6 Month Average | 3.649 % | £38,316 | £1,088,316 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £464,393 | £460,000 | 8 WILSMAN ROAD |
13 Feb 2023 | £533,974 | £536,500 | 27 CHEELSON ROAD |
4 Nov 2022 | £324,734 | £330,000 | 3 TOWNFIELD COTTAGES NORTH ROAD |
29 Jun 2022 | £540,478 | £535,000 | 13 WILSMAN ROAD |
4 Feb 2022 | £370,783 | £355,000 | 8 NORTH ROAD |
This house has a floor area of 235 sq meters or 2,529 sq feet when measured on 27 Apr 2017. Using an estimated price of £1,289,814 means this house is valued at £5,488 per sq meter (£509 per sq foot).
The average size of a house on NORTH ROAD is 111 sq meters (1,197 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Fen Lane |
Feb 2024 | Vehicle crime | Under investigation | On or near Fen Lane |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fen Lane |
Apr 2024 | Anti-social behaviour | On or near Cheelson Road | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilsman Road |