£221,530
This estimated value is based upon the latest sale price for the house of £155,000 on 19 Aug 2015. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £155,000 | 19 Aug 2015 |
| £145,000 | 18 Feb 2011 |
| £119,000 | 27 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 sq feet |
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 August 2015 the House Price Index for CITY OF DERBY was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £155,000 results in an estimated price of approximately £221,530.
| 19 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £155,000 | £66,530 | £221,530 |
The Postcode Pricing Model uses changes in average sales price within the DE23 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 | -4.182 % | £-6,481 | £148,518 |
| 3 Month Average | 10.425 % | £16,158 | £171,158 |
| 6 Month Average | 35.106 % | £54,414 | £209,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £207,655 | £205,000 | 5 MOORWAY CROFT |
| 21 Jul 2023 | £273,683 | £270,000 | 27 HEATHER CRESCENT |
| 10 Jul 2023 | £202,729 | £200,000 | 27 BANNELS AVENUE |
| 30 Mar 2023 | £279,635 | £277,000 | 24 BRIARWOOD WAY |
| 22 Feb 2023 | £250,831 | £251,000 | 22 HEATHER CRESCENT |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 12 Jun 2009. Using an estimated price of £221,530 means this house is valued at £3,955 per sq meter (£367 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heather Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Moorway Croft |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Moorway Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lothlorien Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lothlorien Close |