£250,775
This estimated value is based upon the latest sale price for the house of £242,000 on 15 Mar 2022. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £242,000 | 15 Mar 2022 |
| £150,000 | 6 Jun 2019 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 March 2022 the House Price Index for DERBYSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £242,000 results in an estimated price of approximately £250,775.
| 15 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £242,000 | £8,775 | £250,775 |
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 | 36.639 % | £88,665 | £330,665 |
| 3 Month Average | -7.562 % | £-18,301 | £223,698 |
| 6 Month Average | 5.831 % | £14,110 | £256,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £231,111 | £228,000 | 22 GREENSIDE AVENUE |
| 20 Feb 2023 | £249,832 | £250,000 | 49 PEVERIL ROAD |
| 2 Aug 2022 | £189,490 | £190,000 | 91 PEVERIL ROAD |
| 22 Jun 2022 | £193,798 | £191,059 | 15 GLENFIELD CRESCENT |
| 15 Mar 2022 | £250,775 | £242,000 | 2 LUDHAM GARDENS |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 28 May 2021. Using an estimated price of £250,775 means this house is valued at £3,482 per sq meter (£323 per sq foot).
The average size of a house on LUDHAM GARDENS is 118 sq meters (1,270 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ormsby Road |
| Dec 2023 | Anti-social behaviour | On or near Ormsby Road | |
| Dec 2023 | Anti-social behaviour | On or near Ormsby Road | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ormsby Road |
| Dec 2023 | Anti-social behaviour | On or near Ormsby Road |