£425,584
This estimated value is based upon the latest sale price for the house of £345,000 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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Price Paid | Date |
---|---|
£345,000 | 20 Dec 2018 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 December 2018 the House Price Index for DERBYSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £345,000 results in an estimated price of approximately £425,584.
20 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.358 % | £345,000 | £80,584 | £425,584 |
The Postcode Pricing Model uses changes in average sales price within the DE22 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 | -5.975 % | £-20,613 | £324,386 |
3 Month Average | -1.335 % | £-4,606 | £340,393 |
6 Month Average | 2.151 % | £7,419 | £352,419 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jan 2023 | £278,687 | £280,000 | 25 MARTHA ROAD |
14 Sep 2022 | £398,780 | £402,000 | 3 CLARISSA CLOSE |
28 Jul 2022 | £370,999 | £370,000 | 9 CLARISSA CLOSE |
29 Jun 2022 | £423,992 | £418,000 | 21 GRANGE ROAD |
24 Mar 2022 | £254,921 | £246,000 | 31 MARTHA ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 10 Oct 2018. Using an estimated price of £425,585 means this house is valued at £3,324 per sq meter (£308 per sq foot).
The average size of a house on VIRTUE CLOSE is 142 sq meters (1,528 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bonnie Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bonnie Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bonnie Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bonnie Close |