£174,755
This estimated value is based upon the latest sale price for the house of £140,000 on 12 Apr 2018. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 12 Apr 2018 |
| £57,000 | 14 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 April 2018 the House Price Index for DERBYSHIRE was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £140,000 results in an estimated price of approximately £174,755.
| 12 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £140,000 | £34,755 | £174,755 |
The Postcode Pricing Model uses changes in average sales price within the DE75 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 | 48.488 % | £67,882 | £207,882 |
| 3 Month Average | 32.065 % | £44,890 | £184,890 |
| 6 Month Average | 38.743 % | £54,239 | £194,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £273,683 | £270,000 | 44 JOHNSON DRIVE |
| 24 Feb 2023 | £234,842 | £235,000 | 12 MANSFIELD ROAD |
| 27 Jan 2023 | £194,086 | £195,000 | 4 ORCHARD RISE |
| 28 Nov 2022 | £182,786 | £185,000 | 9 ORCHARD RISE |
| 13 Jun 2022 | £278,942 | £275,000 | 1 ORCHARD RISE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Nov 2017. Using an estimated price of £174,755 means this house is valued at £2,427 per sq meter (£225 per sq foot).
The average size of a house on LAWN CLOSE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Watson Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Upper Barn Close |
| Mar 2024 | Theft from the person | Under investigation | On or near Lowlands Lea |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lowlands Lea |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near A608 |