£155,349
This estimated value is based upon the latest sale price for the house of £145,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £145,000 | 17 Dec 2021 |
| £105,000 | 6 Dec 2006 |
| £34,000 | 22 Nov 1996 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CITY OF DERBY to estimate the market value.
When this house was purchased in December 2021 the House Price Index for CITY OF DERBY was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £145,000 results in an estimated price of approximately £155,349.
| 17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £145,000 | £10,349 | £155,349 |
The Postcode Pricing Model uses changes in average sales price within the DE23 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 | 13.395 % | £19,422 | £164,422 |
| 3 Month Average | -6.014 % | £-8,719 | £136,280 |
| 6 Month Average | 7.590 % | £11,005 | £156,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £145,865 | £144,000 | 8 PARK LANE |
| 29 Jun 2023 | £322,405 | £318,500 | 5 HEATH AVENUE |
| 24 Mar 2023 | £267,520 | £265,000 | 8 NORTHVIEW BURTON ROAD |
| 19 Jan 2023 | £199,062 | £200,000 | 10 WADE AVENUE |
| 18 Aug 2022 | £249,329 | £250,000 | 36 PARK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Park Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Park Drive |