£277,914
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Apr 2017. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 11 Apr 2017 |
| £125,000 | 16 Aug 2013 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 April 2017 the House Price Index for DERBYSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £215,000 results in an estimated price of approximately £277,914.
| 11 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £215,000 | £62,914 | £277,914 |
The Postcode Pricing Model uses changes in average sales price within the S41 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 | -1.317 % | £-2,832 | £212,167 |
| 3 Month Average | 5.179 % | £11,134 | £226,134 |
| 6 Month Average | 16.918 % | £36,374 | £251,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £360,335 | £355,000 | 185 SPITAL LANE |
| 22 Sep 2023 | £170,750 | £168,567 | 12 BARNES ROAD |
| 24 Aug 2023 | £312,736 | £310,000 | 40 HADY LANE |
| 14 Aug 2023 | £136,191 | £135,000 | 21 HEATHCOTE DRIVE |
| 31 Oct 2022 | £153,349 | £155,000 | 21 KENYON ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 26 Feb 2016. Using an estimated price of £277,914 means this house is valued at £2,956 per sq meter (£274 per sq foot).
The average size of a house on SPITAL LANE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Taylor Crescent |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Taylor Crescent |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Taylor Crescent |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Taylor Crescent |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Taylor Crescent |