£56,502
This estimated value is based upon the latest sale price for the house of £12,000 on 13 May 1998. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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Price Paid | Date |
---|---|
£12,000 | 13 May 1998 |
£26,359 | 6 Jan 1998 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 May 1998 the House Price Index for DERBYSHIRE was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £12,000 results in an estimated price of approximately £56,502.
13 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 148.6 | 370.858 % | £12,000 | £44,502 | £56,502 |
The Postcode Pricing Model uses changes in average sales price within the DE7 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 | 336.110 % | £40,333 | £52,333 |
3 Month Average | 309.591 % | £37,150 | £49,150 |
6 Month Average | 351.717 % | £42,206 | £54,206 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £151,943 | £150,000 | 1 LINGS CLOSE |
15 Sep 2023 | £151,943 | £150,000 | 7 HARTSHAY CLOSE |
30 Jun 2023 | £156,901 | £155,000 | 10 HARTSHAY CLOSE |
22 Nov 2022 | £141,289 | £143,000 | 15 BARLBOROUGH ROAD |
14 Oct 2022 | £139,498 | £141,000 | 8 FOXLEY ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 24 Jul 2018. Using an estimated price of £56,503 means this house is valued at £634 per sq meter (£58 per sq foot).
There is one other house on the street which we know the size of, this is 12 WHITELY AVENUE it is 62.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Morton Avenue |
Mar 2024 | Anti-social behaviour | On or near Morton Avenue | |
Mar 2024 | Public order | Under investigation | On or near Morton Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Morton Avenue |