£1,042,478
This estimated value is based upon the latest sale price for the house of £850,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £850,000 | 22 Nov 2019 |
| £599,995 | 3 Nov 2006 |
| £198,000 | 3 Jul 1996 |
| 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 November 2019 the House Price Index for DERBYSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £850,000 results in an estimated price of approximately £1,042,478.
| 22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £850,000 | £192,478 | £1,042,478 |
The Postcode Pricing Model uses changes in average sales price within the S42 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 | -9.749 % | £-82,867 | £767,132 |
| 3 Month Average | 2.733 % | £23,234 | £873,234 |
| 6 Month Average | 13.523 % | £114,947 | £964,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £520,657 | £514,000 | 31 STANFORD WAY |
| 27 Mar 2023 | £474,470 | £470,000 | 4 ST JOHNS CLOSE |
| 25 Oct 2022 | £321,785 | £325,250 | 2 ROYSTON CLOSE |
| 13 Dec 2021 | £471,406 | £440,000 | 28 SOMERSBY AVENUE |
| 31 Aug 2021 | £384,887 | £345,000 | 5 ROYSTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Johns Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rosedale View |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Medlock Close |
| Jan 2024 | Possession of weapons | Further investigation is not in the public interest | On or near Lodge Farm Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Farm Close |