£534,994
This estimated value is based upon the latest sale price for the house of £395,000 on 15 Apr 2016. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £395,000 | 15 Apr 2016 |
| £301,500 | 24 Jan 2007 |
| £120,000 | 19 Aug 1998 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CITY OF DERBY to estimate the market value.
When this house was purchased in April 2016 the House Price Index for CITY OF DERBY was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £395,000 results in an estimated price of approximately £534,994.
| 15 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £395,000 | £139,994 | £534,994 |
The Postcode Pricing Model uses changes in average sales price within the DE21 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 | -3.699 % | £-14,612 | £380,387 |
| 3 Month Average | 33.254 % | £131,355 | £526,355 |
| 6 Month Average | 34.761 % | £137,305 | £532,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £420,000 | £420,000 | 6 SHREWSBURY CLOSE |
| 24 Feb 2023 | £299,798 | £300,000 | 4 SHREWSBURY CLOSE |
| 9 Feb 2023 | £327,779 | £328,000 | 23 TREDEGAR DRIVE |
| 8 Nov 2022 | £375,403 | £379,950 | 2 MERTHYR COURT |
| 28 Jun 2022 | £233,297 | £230,000 | 5 LAMPETER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Aberdare Close | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aberdare Close |
| Feb 2024 | Anti-social behaviour | On or near Aberdare Close | |
| Feb 2024 | Anti-social behaviour | On or near Aberdare Close | |
| Feb 2024 | Anti-social behaviour | On or near Aberdare Close |