Full Address

UNIT 5 GRIFFON ROAD
QUARRY HILL INDUSTRIAL ESTATE
ILKESTON
DERBYSHIRE
UNITED KINGDOM
DE7 4RF

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Transactions for this house
Price PaidDate
£264,00019 Oct 2016
House Details
Freehold

House Price Models

Land Registry House Price Index Model

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 2016 the House Price Index for DERBYSHIRE was 110.4.

The House Price Index as of 1 Dec 2019 is 121.7 which is a change of 10.230%.

Applying this 10.230% change to the original purchase price of £264,000 gives us an estimated price now of around £291,008.

19 Oct 2016 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
110.4 121.7 10.230 % £264,000 £27,008 £291,008

The Postcode Pricing Model uses changes in average sales price within the DE7 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 45.281 % £119,541 £383,541
3 Month Average 42.574 % £112,395 £376,395
6 Month Average 33.196 % £87,637 £351,637
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
28 Nov 2019 £154,222 £155,000 10 GADSBY CLOSE
4 Nov 2019 £134,322 £135,000 14 MALTHOUSE ROAD
11 Oct 2019 £156,853 £157,500 52 MALTHOUSE ROAD
28 Jun 2019 £135,254 £135,000 7 GADSBY CLOSE
7 Jun 2019 £130,245 £130,000 5 WALKER CLOSE

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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