£37,753
This estimated value is based upon the latest sale price for the house of £36,000 on 18 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 |
|---|---|
| £36,000 | 18 Feb 2022 |
| £55,000 | 29 May 2009 |
| £76,450 | 27 Feb 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 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 £36,000 results in an estimated price of approximately £37,753.
| 18 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £36,000 | £1,753 | £37,753 |
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 | -35.756 % | £-12,871 | £23,128 |
| 3 Month Average | -10.292 % | £-3,705 | £32,294 |
| 6 Month Average | 5.356 % | £1,928 | £37,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £60,051 | £59,000 | FLAT 24 RIDGEWAY COURT, 224 WARWICK AVENUE |
| 17 Nov 2023 | £243,607 | £240,000 | 8A LIME WALK |
| 24 Aug 2023 | £60,530 | £60,000 | FLAT 11 RIDGEWAY COURT, 224 WARWICK AVENUE |
| 19 Jul 2023 | £170,292 | £168,000 | 18 PRIORY HEIGHTS COURT |
| 30 Mar 2023 | £630,944 | £625,000 | 36 FARLEY ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 25 Feb 2020. Using an estimated price of £37,753 means this house is valued at £838 per sq meter (£77 per sq foot).
The average size of a house on WARWICK AVENUE is 121 sq meters (1,309 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lime Walk |
| Mar 2024 | Other crime | Under investigation | On or near Lime Walk |
| Feb 2024 | Anti-social behaviour | On or near Lime Walk | |
| Feb 2024 | Anti-social behaviour | On or near Lime Walk | |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Lime Walk |