£527,127
This estimated value is based upon the latest sale price for the house of £345,000 on 3 Jul 2014. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £345,000 | 3 Jul 2014 |
| £285,000 | 16 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 July 2014 the House Price Index for DERBYSHIRE was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £345,000 results in an estimated price of approximately £527,127.
| 3 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £345,000 | £182,127 | £527,127 |
The Postcode Pricing Model uses changes in average sales price within the S40 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 | -9.390 % | £-32,395 | £312,604 |
| 3 Month Average | 25.455 % | £87,818 | £432,818 |
| 6 Month Average | 31.388 % | £108,286 | £453,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £175,572 | £172,500 | 7 DARWIN ROAD |
| 27 Sep 2023 | £339,339 | £335,000 | 5 CROSS STREET |
| 26 Sep 2023 | £262,861 | £259,500 | 26 AVONDALE ROAD |
| 21 Aug 2023 | £327,868 | £325,000 | 35 AVONDALE ROAD |
| 4 Apr 2023 | £223,405 | £221,000 | 21 AVONDALE ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 14 Apr 2014. Using an estimated price of £527,127 means this house is valued at £4,023 per sq meter (£373 per sq foot).
The average size of a house on CROMWELL ROAD is 183 sq meters (1,970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Darwin Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Avondale Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawksley Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawksley Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Darwin Avenue |