£696,711
This estimated value is based upon the latest sale price for the house of £530,000 on 28 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Derby Avenue
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Suite 6 Essex House, Station Road, Upminster, Essex, RM14 2SJ
Phone: 01708573659
| Price Paid | Date |
|---|---|
| £530,000 | 28 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £530,000 results in an estimated price of approximately £696,711.
| 28 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £530,000 | £166,711 | £696,711 |
The Postcode Pricing Model uses changes in average sales price within the RM14 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 | 54.690 % | £289,855 | £819,855 |
| 3 Month Average | 0.367 % | £1,947 | £531,947 |
| 6 Month Average | 3.603 % | £19,096 | £549,096 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 23 Oct 2015.
The average size of a house on CEDAR AVENUE is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Derby Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Derby Avenue |
| Jan 2024 | Burglary | Under investigation | On or near South View Drive |
| Jan 2024 | Vehicle crime | Under investigation | On or near Maple Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookdale Avenue |