2 Derwent Way

    2, DERWENT WAY, HORNCHURCH, RM12 5HP

    This flat/maisonette leasehold property on Derwent Way last sold in July 2018 for £275,000. Based on price growth in the RM12 district since then, its estimated current value is £347,233 — placing it in the 59th percentile nationally and the 14th percentile within RM12. The property covers 71 m² (764 sq ft), giving an estimated value of £4,891 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £275,000

    Jul 2018

    Estimated Valuation

    £347,233

    Est. £/sq ft

    £454/sq ft

    £4,891/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateSept 2020
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    16 Jul 2018

    £275,000

    15 May 2015

    £200,000

    23 Aug 2007

    £187,000

    1 Apr 2005

    £152,000

    31 May 2002

    £105,000

    28 Apr 1995

    £47,500

    Key Metrics

    Estimated valuation£347,233
    Value per sq ft / m²£454/sq ft (£4,891/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM12 district percentile14th percentile
    National percentile59th percentile

    District Context — RM12

    RM12 covers areas in the eastern part of the RM postcode, in Essex. It is a predominantly residential district with a mix of established communities and suburban appeal.

    Average Property Price - RM12

    £471,964

    78

    National percentile

    Average Net Household Income - RM12

    £48,715

    86

    National percentile

    10-Year Annualised Price Growth - RM12

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM12

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