£279,317
This estimated value is based upon the latest sale price for the house of £162,500 on 10 Jan 2012. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £162,500 | 10 Jan 2012 |
| Detached |
| 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 January 2012 the House Price Index for CITY OF DERBY was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £162,500 results in an estimated price of approximately £279,317.
| 10 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £162,500 | £116,817 | £279,317 |
The Postcode Pricing Model uses changes in average sales price within the DE24 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 | 106.841 % | £173,616 | £336,116 |
| 3 Month Average | 89.032 % | £144,677 | £307,177 |
| 6 Month Average | 79.043 % | £128,444 | £290,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £248,173 | £245,000 | 50 GILBERT STREET |
| 17 Aug 2023 | £174,022 | £172,500 | 46 PENZANCE ROAD |
| 5 Jun 2023 | £172,084 | £170,000 | 56 PENZANCE ROAD |
| 2 Jun 2023 | £179,170 | £177,000 | 47 WILMINGTON AVENUE |
| 28 Apr 2023 | £183,981 | £182,000 | 55 PENZANCE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wesley Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Penzance Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penzance Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Penzance Road |