£159,502
This estimated value is based upon the latest sale price for the house of £158,000 on 22 Mar 2023. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
There has been one burglary within the last year on or near Millennium Close
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| Price Paid | Date |
|---|---|
| £158,000 | 22 Mar 2023 |
| £81,000 | 12 Dec 2003 |
| £41,950 | 10 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2023 the House Price Index for DERBYSHIRE was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £158,000 results in an estimated price of approximately £159,502.
| 22 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £158,000 | £1,502 | £159,502 |
The Postcode Pricing Model uses changes in average sales price within the DE7 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 | -19.892 % | £-31,430 | £126,569 |
| 3 Month Average | -5.531 % | £-8,739 | £149,260 |
| 6 Month Average | 3.662 % | £5,786 | £163,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £115,398 | £114,000 | 3 THORPE STREET |
| 20 Jun 2023 | £146,778 | £145,000 | 41 ARCHER STREET |
| 31 Mar 2023 | £102,970 | £102,000 | 81 COTMANHAY ROAD |
| 30 Mar 2023 | £136,284 | £135,000 | 1 LAMBTON CLOSE |
| 22 Mar 2023 | £159,503 | £158,000 | 3 MILLENNIUM CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 1 Sep 2020. Using an estimated price of £159,503 means this house is valued at £2,848 per sq meter (£264 per sq foot).
The average size of a house on MILLENNIUM CLOSE is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Millennium Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millennium Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Archer Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Archer Street |
| Dec 2023 | Burglary | Under investigation | On or near Archer Street |