£113,030
This estimated value is based upon the latest sale price for the house of £38,500 on 24 May 2002. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £38,500 | 24 May 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 523 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 May 2002 the House Price Index for DERBYSHIRE was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £38,500 results in an estimated price of approximately £113,030.
| 24 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £38,500 | £74,530 | £113,030 |
The Postcode Pricing Model uses changes in average sales price within the DE11 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 | 173.264 % | £66,706 | £105,206 |
| 3 Month Average | 209.792 % | £80,770 | £119,270 |
| 6 Month Average | 203.728 % | £78,435 | £116,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £170,000 | £170,000 | 31 VICARAGE ROAD |
| 24 Apr 2024 | £226,971 | £225,000 | CAR PARK COPPICE SIDE |
| 3 Nov 2023 | £198,027 | £193,000 | FLAT 116 OAKLAND VILLAGE HALL FARM ROAD |
| 9 Oct 2023 | £276,275 | £270,000 | 16 PALISSY CLOSE |
| 31 Mar 2023 | £177,972 | £175,000 | FLAT 313 OAKLAND VILLAGE HALL FARM ROAD |
This house has a floor area of 48 sq meters or 523 sq feet when measured on 4 Mar 2010. Using an estimated price of £113,030 means this house is valued at £2,325 per sq meter (£216 per sq foot).
The average size of a house on VICARAGE GARDENS is 58 sq meters (625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Anchor Close |
| Jun 2024 | Other theft | Under investigation | On or near Hall Farm Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hall Farm Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Russell Street |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Russell Street |