£277,272
This estimated value is based upon the latest sale price for the house of £167,500 on 4 Dec 2006. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £167,500 | 4 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 December 2006 the House Price Index for DERBYSHIRE was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £167,500 results in an estimated price of approximately £277,272.
| 4 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £167,500 | £109,772 | £277,272 |
The Postcode Pricing Model uses changes in average sales price within the S42 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 | 51.872 % | £86,885 | £254,385 |
| 3 Month Average | 28.726 % | £48,116 | £215,616 |
| 6 Month Average | 40.251 % | £67,420 | £234,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £202,452 | £200,000 | 71 GALLERY LANE |
| 20 Apr 2023 | £197,122 | £195,000 | 74 GALLERY LANE |
| 10 Jun 2022 | £633,959 | £625,000 | ALLWAYS HILL LANE |
| 4 May 2022 | £458,642 | £450,000 | 1 WINDY FIELDS ROAD |
| 28 Feb 2022 | £244,451 | £233,100 | 32 NEW ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 3 Nov 2020. Using an estimated price of £277,272 means this house is valued at £4,077 per sq meter (£378 per sq foot).
There is one other house on the street which we know the size of, this is APARTMENT 4 THE OLD SCHOOL HOUSE NEW ROAD it is 74.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Hill Lane | |
| Dec 2023 | Anti-social behaviour | On or near Hill Lane | |
| Dec 2023 | Anti-social behaviour | On or near Hill Lane |