£274,272
This estimated value is based upon the latest sale price for the house of £256,000 on 6 Dec 2021. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £256,000 | 6 Dec 2021 |
| £172,000 | 18 Aug 2014 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for DERBYSHIRE to estimate the market value.
When this house was purchased in December 2021 the House Price Index for DERBYSHIRE 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 £256,000 results in an estimated price of approximately £274,272.
| 6 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £256,000 | £18,272 | £274,272 |
The Postcode Pricing Model uses changes in average sales price within the S42 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 | 5.846 % | £14,964 | £270,964 |
| 3 Month Average | -0.157 % | £-401 | £255,598 |
| 6 Month Average | 10.069 % | £25,775 | £281,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £234,096 | £230,000 | 12 CORNFIELD CLOSE |
| 20 Nov 2023 | £152,254 | £150,000 | 3 LANGLEY CLOSE |
| 3 Mar 2023 | £303,863 | £301,000 | 2 QUORN DRIVE |
| 16 Sep 2022 | £416,636 | £420,000 | 18 WHEATHILL CLOSE |
| 18 Aug 2022 | £299,195 | £300,000 | 1 CORNFIELD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wheathill Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wardgate Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wardgate Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wardgate Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wardgate Way |