£403,530
This estimated value is based upon the latest sale price for the house of £400,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 25 Aug 2023 |
| £265,000 | 5 Oct 2018 |
| £232,000 | 31 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 August 2023 the House Price Index for DERBYSHIRE was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £400,000 results in an estimated price of approximately £403,530.
| 25 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £400,000 | £3,530 | £403,530 |
The Postcode Pricing Model uses changes in average sales price within the S40 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 | -28.281 % | £-113,123 | £286,876 |
| 3 Month Average | -6.098 % | £-24,390 | £375,609 |
| 6 Month Average | -5.678 % | £-22,713 | £377,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £433,795 | £430,000 | 7 GLENEAGLES CLOSE |
| 25 Aug 2023 | £403,530 | £400,000 | 6 REDGROVE WAY |
| 11 Jul 2023 | £320,311 | £316,000 | 10 CAERNARVON CLOSE |
| 6 Apr 2023 | £439,735 | £435,000 | 4 THORNDON WAY |
| 6 Jan 2023 | £457,843 | £460,000 | 3 REDGROVE WAY |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 10 May 2018. Using an estimated price of £403,530 means this house is valued at £3,806 per sq meter (£353 per sq foot).
The average size of a house on REDGROVE WAY is 137 sq meters (1,478 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hoylake Avenue |
| 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 |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Matlock Road |