£602,046
This estimated value is based upon the latest sale price for the house of £475,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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Price Paid | Date |
---|---|
£475,000 | 29 Sep 2017 |
Detached |
Freehold |
Floor Area: 175 sq meters or 1,883 sq feet |
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 September 2017 the House Price Index for DERBYSHIRE was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £475,000 results in an estimated price of approximately £602,046.
29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £475,000 | £127,046 | £602,046 |
The Postcode Pricing Model uses changes in average sales price within the DE22 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 | -18.779 % | £-89,198 | £385,801 |
3 Month Average | -6.074 % | £-28,852 | £446,147 |
6 Month Average | 3.525 % | £16,741 | £491,741 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £247,162 | £245,000 | 2 GRANGE ROAD |
10 Jul 2023 | £197,660 | £195,000 | 18 MARTHA ROAD |
7 Jul 2023 | £211,344 | £208,500 | 57 PHILDOCK WOOD ROAD |
28 Jun 2023 | £253,015 | £249,950 | 23 TOWER DRIVE |
5 Apr 2023 | £386,663 | £382,500 | 10 LANGLEY DRIVE |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 28 Mar 2017. Using an estimated price of £602,046 means this house is valued at £3,440 per sq meter (£319 per sq foot).
The average size of a house on SILVERHILL WOOD CLOSE is 156 sq meters (1,679 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Tower Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bonnie Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bonnie Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bonnie Close |