£253,885
This estimated value is based upon the latest sale price for the house of £185,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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Price Paid | Date |
---|---|
£185,000 | 8 Jan 2016 |
£185,000 | 23 Dec 2015 |
£182,000 | 7 Oct 2005 |
£64,995 | 10 Mar 2000 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 January 2016 the House Price Index for DERBYSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £185,000 results in an estimated price of approximately £253,885.
8 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £185,000 | £68,885 | £253,885 |
The Postcode Pricing Model uses changes in average sales price within the DE5 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 | 21.282 % | £39,372 | £224,372 |
3 Month Average | 57.930 % | £107,169 | £292,169 |
6 Month Average | 55.849 % | £103,320 | £288,320 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £334,502 | £330,000 | 5 LIME AVENUE |
16 Jun 2023 | £158,925 | £157,000 | 17 VICTORIA ROAD |
28 Mar 2023 | £206,950 | £205,000 | 42 ALBERT ROAD |
20 Jul 2022 | £260,702 | £260,000 | 14 NIGHTINGALE CLOSE |
4 Jul 2022 | £340,918 | £340,000 | 8 LIME AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 17 Dec 2014. Using an estimated price of £253,886 means this house is valued at £2,489 per sq meter (£231 per sq foot).
The average size of a house on SCHOOL LANE is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near School Lane |
Jan 2024 | Anti-social behaviour | On or near School Lane | |
Jan 2024 | Anti-social behaviour | On or near School Lane | |
Jan 2024 | Anti-social behaviour | On or near School Lane | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near School Lane |