£193,489
This estimated value is based upon the latest sale price for the house of £190,000 on 21 Aug 2023. 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 |
|---|---|
| £190,000 | 21 Aug 2023 |
| £160,000 | 4 Aug 2017 |
| £142,500 | 5 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 August 2023 the House Price Index for THURROCK was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £190,000 results in an estimated price of approximately £193,489.
| 21 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £190,000 | £3,489 | £193,489 |
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 | 0.638 % | £1,211 | £191,211 |
| 3 Month Average | -2.579 % | £-4,900 | £185,099 |
| 6 Month Average | -8.235 % | £-15,647 | £174,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £247,609 | £240,000 | 10 QUINCE TREE CLOSE |
| 8 Sep 2023 | £373,227 | £365,000 | 4 MAR ROAD |
| 8 Sep 2023 | £449,918 | £440,000 | 3 GARTH ROAD |
| 7 Sep 2023 | £383,453 | £375,000 | 57B SOUTH ROAD |
| 21 Aug 2023 | £193,490 | £190,000 | 1 THE OAKS GARTH ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 15 Jul 2017. Using an estimated price of £193,490 means this house is valued at £4,206 per sq meter (£390 per sq foot).
The average size of a house on GARTH ROAD is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Robbery | Under investigation | On or near Garth Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mar Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Mar Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Quince Tree Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quince Tree Close |