£277,904
This estimated value is based upon the latest sale price for the house of £265,000 on 15 Feb 2022. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £265,000 | 15 Feb 2022 |
| £213,000 | 13 Jun 2008 |
| £225,000 | 26 Feb 2008 |
| £155,000 | 9 Nov 2007 |
| 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 February 2022 the House Price Index for CITY OF DERBY was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £265,000 results in an estimated price of approximately £277,904.
| 15 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £265,000 | £12,904 | £277,904 |
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 | -14.404 % | £-38,170 | £226,829 |
| 3 Month Average | -0.529 % | £-1,400 | £263,599 |
| 6 Month Average | -2.857 % | £-7,570 | £257,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £258,303 | £255,000 | 265 LAMBOURN DRIVE |
| 1 Sep 2023 | £314,015 | £310,000 | 252 LAMBOURN DRIVE |
| 14 Jul 2022 | £300,760 | £299,950 | 1 WOODSIDE DRIVE |
| 30 Jun 2022 | £380,375 | £375,000 | 21 WOODSIDE DRIVE |
| 14 Mar 2022 | £329,531 | £318,000 | 274 LAMBOURN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gema Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Home Farm Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Abbey Hill |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |