This estimated value is based upon the latest sale price for the house of £175,000 on 13 Jan 2012. This value is then adjusted by the current Official House Price Index for DERBYSHIRE1
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|£175,000||13 Jan 2012|
|£172,000||2 Mar 2006|
|£115,000||15 Jul 2003|
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 January 2012 the House Price Index for DERBYSHIRE was 91.3.The House Price Index as of 1 Jun 2019 is 123.3 which is a change of 35.023%.
Applying this 35.023% change to the original purchase price of £175,000 gives us an estimated price now of around £236,290.
|13 Jan 2012||1 Jun 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the SK13 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||41.263 %||£72,210||£247,210|
|3 Month Average||21.578 %||£37,760||£212,760|
|6 Month Average||25.695 %||£44,966||£219,966|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In January 2012 the average sale price for the 50 nearest sales within eight miles of 7 MANOR PARK ROAD was £147,565.
In December 2019 the average sale price for the 50 nearest sales was £174,301. This is a change of 18.118%.
So taking the original purchase price of £175,000 and adjusting it by 18.118% gives an estimated price of £206,706.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 13 Jan 2012||Average price on 26 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|19 Jul 2019||£94,000||£94,000||109 MANOR PARK ROAD|
|17 Jul 2019||£160,000||£160,000||28 MANOR PARK ROAD|
|28 Jun 2019||£220,000||£220,000||16 WESLEY STREET|
|17 Jan 2019||£130,419||£128,500||97 MANOR PARK ROAD|
|7 Dec 2018||£241,218||£237,500||29 SHEPLEY STREET|