£374,195
This estimated value is based upon the latest sale price for the house of £300,000 on 21 May 2018. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 21 May 2018 |
| Detached |
| 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 May 2018 the House Price Index for DERBYSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £300,000 results in an estimated price of approximately £374,195.
| 21 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £300,000 | £74,195 | £374,195 |
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 | 49.717 % | £149,151 | £449,151 |
| 3 Month Average | 34.640 % | £103,919 | £403,919 |
| 6 Month Average | 20.745 % | £62,235 | £362,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £130,000 | £130,000 | 61 NEW LANE |
| 25 Sep 2023 | £354,533 | £350,000 | 1 HILCOTE LANE |
| 12 Sep 2023 | £138,774 | £137,000 | 103 NEW LANE |
| 12 Jun 2023 | £177,146 | £175,000 | 16 OAK TREE ROAD |
| 24 Feb 2023 | £167,387 | £167,500 | 9 WATERLOO CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Lane |
| Mar 2024 | Other theft | Under investigation | On or near Orchard Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Orchard Court |