£140,338
This estimated value is based upon the latest sale price for the house of £141,000 on 16 Jan 2023. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£141,000 | 16 Jan 2023 |
£84,000 | 19 Feb 2004 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF DERBY to estimate the market value.
When this house was purchased in January 2023 the House Price Index for CITY OF DERBY was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £141,000 results in an estimated price of approximately £140,338.
16 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £141,000 | £-661 | £140,338 |
The Postcode Pricing Model uses changes in average sales price within the DE1 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 | -54.214 % | £-76,442 | £64,557 |
3 Month Average | -46.865 % | £-66,078 | £74,921 |
6 Month Average | -16.282 % | £-22,957 | £118,042 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £210,187 | £207,500 | 7 RAILWAY TERRACE |
30 Mar 2023 | £222,597 | £220,500 | 25 CALVERT STREET |
23 Jan 2023 | £139,344 | £140,000 | 16 PARK STREET |
16 Jan 2023 | £140,339 | £141,000 | 2 WELLINGTON CRESCENT |
5 Aug 2022 | £238,358 | £239,000 | 5 LEEDS PLACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 Oct 2011. Using an estimated price of £140,339 means this house is valued at £2,063 per sq meter (£191 per sq foot).
The average size of a house on WELLINGTON CRESCENT is 58 sq meters (631 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Midland Place |
Apr 2024 | Anti-social behaviour | On or near Midland Place | |
Mar 2024 | Public order | Under investigation | On or near Midland Place |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Midland Place |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Midland Place |