£242,278
This estimated value is based upon the latest sale price for the house of £192,500 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £192,500 | 7 Jul 2017 |
| £90,000 | 4 Apr 2000 |
| 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 2017 the House Price Index for DERBYSHIRE was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £192,500 results in an estimated price of approximately £242,278.
| 7 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £192,500 | £49,778 | £242,278 |
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 | 55.590 % | £107,011 | £299,511 |
| 3 Month Average | 43.482 % | £83,703 | £276,203 |
| 6 Month Average | 34.976 % | £67,329 | £259,829 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fern Lea |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Goose Green Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near New Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near New Street |