£498,336
This estimated value is based upon the latest sale price for the house of £300,000 on 4 Jul 2013. 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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63-65 Station Lane, Hornchurch, RM12 6JU
Phone: 01708629566
| Price Paid | Date |
|---|---|
| £300,000 | 4 Jul 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £300,000 results in an estimated price of approximately £498,336.
| 4 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £300,000 | £198,336 | £498,336 |
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 | 127.109 % | £381,326 | £681,326 |
| 3 Month Average | 43.713 % | £131,138 | £431,138 |
| 6 Month Average | 35.022 % | £105,066 | £405,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £385,710 | £380,000 | 44 DERBY AVENUE |
| 31 Aug 2023 | £527,616 | £523,000 | 65 DERBY AVENUE |
| 26 Aug 2022 | £578,443 | £580,000 | 32 LINGFIELD AVENUE |
| 20 Jul 2022 | £571,539 | £570,000 | 28 DERBY AVENUE |
| 30 Jun 2022 | £497,024 | £490,000 | 7 DERBY AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 18 Apr 2013. Using an estimated price of £498,337 means this house is valued at £4,791 per sq meter (£445 per sq foot).
The average size of a house on LINGFIELD AVENUE is 91 sq meters (981 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 |
| Dec 2023 | Vehicle crime | Under investigation | On or near Chelmsford Drive |
| Dec 2023 | Anti-social behaviour | On or near Derby Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Derby Avenue |