£1,968,735
This estimated value is based upon the latest sale price for the house of £1,998,000 on 19 Oct 2022. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,998,000 | 19 Oct 2022 |
| Freehold |
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 October 2022 the House Price Index for DERBYSHIRE was 150.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.465%.Applying this -1.465% change to the original purchase price of £1,998,000 results in an estimated price of approximately £1,968,735.
| 19 Oct 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.0 | -1.465 % | £1,998,000 | £-29,264 | £1,968,735 |
The Postcode Pricing Model uses changes in average sales price within the DE55 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 | 44.014 % | £879,396 | £2,877,396 |
| 3 Month Average | 11.549 % | £230,740 | £2,228,740 |
| 6 Month Average | -3.209 % | £-64,115 | £1,933,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £117,048 | £115,000 | 78 MAIN ROAD |
| 8 Dec 2023 | £539,438 | £530,000 | ALLVOX PYE BRIDGE INDUSTRIAL ESTATE |
| 14 Jul 2023 | £99,337 | £98,000 | 1 EREWASH STREET |
| 13 Jul 2023 | £102,974 | £102,000 | 54 MAIN ROAD |
| 20 Jun 2023 | £1,359,216 | £1,342,752 | RAINBRIDGE TIMBER LTD PYE BRIDGE INDUSTRIAL ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Main Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Somercotes |
| Jan 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Lower Somercotes |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Somercotes |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Erewash Street |