£454,242
This estimated value is based upon the latest sale price for the house of £365,000 on 16 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 6 Essex House, Station Road, Upminster, Essex, RM14 2SJ
Phone: 01708573659
| Price Paid | Date |
|---|---|
| £365,000 | 16 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £365,000 results in an estimated price of approximately £454,242.
| 16 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £365,000 | £89,242 | £454,242 |
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 | 48.288 % | £176,250 | £541,250 |
| 3 Month Average | 16.715 % | £61,008 | £426,008 |
| 6 Month Average | 29.658 % | £108,250 | £473,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £368,156 | £362,500 | 36 DERBY AVENUE |
| 6 Nov 2023 | £389,897 | £380,000 | 44 DERBY AVENUE |
| 31 Aug 2023 | £532,606 | £523,000 | 65 DERBY AVENUE |
| 14 Aug 2023 | £700,637 | £688,000 | 11 GRANTON AVENUE |
| 26 Aug 2022 | £582,725 | £580,000 | 32 LINGFIELD AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 22 May 2018. Using an estimated price of £454,242 means this house is valued at £7,326 per sq meter (£680 per sq foot).
The average size of a house on DERBY AVENUE is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Lingfield Avenue |
| Aug 2024 | Anti-social behaviour | On or near Derby Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Derby Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Derby Avenue | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Newbury Gardens |