£500,991
This estimated value is based upon the latest sale price for the house of £345,000 on 25 Jun 2015. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £345,000 | 25 Jun 2015 |
| 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 June 2015 the House Price Index for DERBYSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £345,000 results in an estimated price of approximately £500,991.
| 25 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £345,000 | £155,991 | £500,991 |
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 | 37.738 % | £130,197 | £475,197 |
| 3 Month Average | 26.092 % | £90,016 | £435,016 |
| 6 Month Average | 30.592 % | £105,542 | £450,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £197,391 | £195,000 | 2 WINDSOR DRIVE |
| 14 Apr 2023 | £429,626 | £425,000 | 54 DAVIDS DRIVE |
| 7 Mar 2023 | £515,860 | £511,000 | 238 LONGEDGE LANE |
| 3 Mar 2023 | £302,853 | £300,000 | 2 LYDGATE DRIVE |
| 10 Jun 2022 | £329,659 | £325,000 | 230 LONGEDGE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Peartree Avenue |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Peartree Avenue |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Peartree Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillhouses Lane |