£394,430
This estimated value is based upon the latest sale price for the house of £88,000 on 19 Mar 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Derby Avenue
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209 Station Lane, Hornchurch, RM12 6LL
Phone: 01708573759
| Price Paid | Date |
|---|---|
| £88,000 | 19 Mar 1999 |
| Semi-Detached |
| Freehold |
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 March 1999 the House Price Index for GREATER LONDON was 33.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.Applying this 348.216% change to the original purchase price of £88,000 results in an estimated price of approximately £394,430.
| 19 Mar 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.6 | 348.216 % | £88,000 | £306,430 | £394,430 |
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 | 596.472 % | £524,895 | £612,895 |
| 3 Month Average | 295.572 % | £260,103 | £348,103 |
| 6 Month Average | 274.352 % | £241,429 | £329,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £511,889 | £505,000 | 68 DERBY AVENUE |
| 3 Jul 2023 | £475,398 | £469,000 | 63 CHELMSFORD DRIVE |
| 16 Mar 2023 | £618,830 | £613,000 | 48 DONCASTER WAY |
| 11 Nov 2022 | £543,418 | £550,000 | 66 DONCASTER WAY |
| 26 Aug 2022 | £578,443 | £580,000 | 32 LINGFIELD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Derby Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Derby Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Derby Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Derby Avenue | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Derby Avenue |