£500,703
This estimated value is based upon the latest sale price for the house of £490,000 on 30 Jun 2022. 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 |
|---|---|
| £490,000 | 30 Jun 2022 |
| £212,500 | 13 Jan 2004 |
| £180,000 | 21 Feb 2003 |
| Terraced |
| 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 June 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £490,000 results in an estimated price of approximately £500,703.
| 30 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £490,000 | £10,703 | £500,703 |
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 | 18.969 % | £92,950 | £582,950 |
| 3 Month Average | 8.283 % | £40,585 | £530,585 |
| 6 Month Average | 9.966 % | £48,833 | £538,833 |
| 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 |
| 26 Aug 2022 | £582,725 | £580,000 | 32 LINGFIELD AVENUE |
| 20 Jul 2022 | £575,769 | £570,000 | 28 DERBY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Jul 2024 | Other theft | Under investigation | On or near Lingfield Avenue |
| Jul 2024 | Drugs | Further investigation is not in the public interest | On or near Sports/Recreation Area |