2 Derwent Way, Hornchurch, RM12 5HP is a leasehold flat built between 1950-1966. The property offers approximately 768 square feet of living space and is situated on the 1st floor of a 2-storey building. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £302,589 , which equates to approximately £396 per square foot. It was last sold on 16 Jul 2018 for £275,000. Since then, the value has increased by £27,589, representing a 10.0% increase, or approximately 1.4% per year.

The current estimated value of £302,589 is:

  • 2.4% higher than the average property price on Derwent Way
  • 7.2% lower than the average in the RM12 5HP postcode area
  • and 43.6% lower than the average price for Hornchurch as a whole

View sold house prices in RM12 5HP

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
768 sq ft
Tenure
Leasehold
Floor level
1st floor of 2
Price (estimate)
£302,589
Price Per sq ft (estimate)
£396
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Derwent Way, Hornchurch, Havering, Greater London Authority, RM12 5HP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Jun 2009.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. A gas multipoint water heater is used to provide hot water. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Average
Hot Water
Gas multipoint
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 7% of fixed outlets
Very Poor

Compared to RM12 5HP

8 th / 11
Price Rank
7% lower than average
8 th / 9
Size Rank
11% smaller than average
6 th / 9
Price Per Sq FT Rank
4% higher than average

Compared to other properties in RM12 5HP , this flat's estimated value ranks 8th out of 11. Based on price per square foot, it ranks 6th out of 9 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 9 properties in its postcode area.

Sale History

Today
£302,589
streetscan.co.uk estimate
+10 %
16 Jul 2018
£275,000
Leasehold
+37.5 %
15 May 2015
£200,000
Leasehold
+7 %
23 Aug 2007
£187,000
Leasehold
+23 %
1 Apr 2005
£152,000
Leasehold
+44.8 %
31 May 2002
£105,000
Leasehold
+121.1 %
28 Apr 1995
£47,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 775 sq ft
sale price: £300,000
sale date: 20 Dec 2024
rooms: 4
size: 764 sq ft
sale price: £320,000
sale date: 31 Mar 2023
rooms: 3
size: 775 sq ft
sale price: £305,000
sale date: 21 Dec 2022
rooms: 3
size: 764 sq ft
sale price: £228,000
sale date: 2 Mar 2021
rooms: 3
size: 736 sq ft
sale price: £252,000
sale date: 4 Feb 2016

Data Sources

The property at 2 Derwent Way, Hornchurch, RM12 5HP appears six times in the Land Registry records, with the latest transaction recorded on 16 Jul 2018. It also has a single Energy Performance Certificate (EPC) from 18 Jun 2009. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.