£330,015
This estimated value is based upon the latest sale price for the house of £93,500 on 16 Feb 2001. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £93,500 | 16 Feb 2001 |
| £74,500 | 3 Jul 1998 |
| £76,950 | 31 Mar 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 February 2001 the House Price Index for CITY OF DERBY was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £93,500 results in an estimated price of approximately £330,015.
| 16 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 148.6 | 252.958 % | £93,500 | £236,515 | £330,015 |
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 | 195.188 % | £182,500 | £276,000 |
| 3 Month Average | 245.707 % | £229,736 | £323,236 |
| 6 Month Average | 260.442 % | £243,513 | £337,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £103,000 | £103,000 | 35 BURDOCK CLOSE |
| 21 Sep 2023 | £162,072 | £160,000 | 8 BURDOCK CLOSE |
| 11 Aug 2023 | £363,177 | £360,000 | 5 CEDARWOOD COURT |
| 7 Jul 2023 | £153,060 | £151,000 | 25 BURDOCK CLOSE |
| 23 Feb 2023 | £309,792 | £310,000 | 4 NEARWOOD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acer Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alder Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alder Close |
| Feb 2024 | Public order | Under investigation | On or near Alder Close |
| Jan 2024 | Burglary | Under investigation | On or near Alder Close |