£334,729
This estimated value is based upon the latest sale price for the house of £120,000 on 9 Jul 2002. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 9 Jul 2002 |
| 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 July 2002 the House Price Index for DERBYSHIRE was 53.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 178.941%.Applying this 178.941% change to the original purchase price of £120,000 results in an estimated price of approximately £334,729.
| 9 Jul 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.0 | 178.941 % | £120,000 | £214,729 | £334,729 |
The Postcode Pricing Model uses changes in average sales price within the DE55 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 | 233.685 % | £280,421 | £400,421 |
| 3 Month Average | 273.205 % | £327,845 | £447,845 |
| 6 Month Average | 249.469 % | £299,363 | £419,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £376,271 | £375,000 | JESMOND, 4 HILLCREST AVENUE |
| 9 Nov 2023 | £374,812 | £370,000 | 4 MOUNT CRESCENT |
| 1 Nov 2023 | £157,016 | £155,000 | 53 BIRCHEN HOLME |
| 10 Aug 2023 | £281,713 | £280,000 | 164 BIRCHWOOD LANE |
| 30 Jun 2023 | £191,553 | £190,000 | 162 BIRCHWOOD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mount Crescent |
| Apr 2024 | Public order | Under investigation | On or near Mount Crescent |
| Mar 2024 | Drugs | Under investigation | On or near Dalewood Close |