£176,962
This estimated value is based upon the latest sale price for the house of £110,000 on 25 May 2007. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £110,000 | 25 May 2007 |
| £37,000 | 20 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,115 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 May 2007 the House Price Index for CITY OF DERBY was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £110,000 results in an estimated price of approximately £176,962.
| 25 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £110,000 | £66,962 | £176,962 |
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 | 3.904 % | £4,294 | £114,294 |
| 3 Month Average | 14.508 % | £15,958 | £125,958 |
| 6 Month Average | 15.704 % | £17,274 | £127,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £159,450 | £157,000 | 9 KINGSMEAD CLOSE |
| 9 Oct 2023 | £190,323 | £186,000 | 26 LODGE LANE |
| 15 Sep 2023 | £511,271 | £500,000 | 1 DUFFIELD ROAD |
| 14 Sep 2023 | £291,424 | £285,000 | 5 DUFFIELD ROAD |
| 14 Aug 2023 | £91,653 | £90,000 | 3 KEDLESTON GARDENS |
This house has a floor area of 103 sq meters or 1,115 sq feet when measured on 17 Nov 2008. Using an estimated price of £176,962 means this house is valued at £1,708 per sq meter (£158 per sq foot).
There is one other house on the street which we know the size of, this is 36 KINGSMEAD CLOSE it is 66.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Garden Street |
| May 2024 | Anti-social behaviour | On or near King'S Mead Close | |
| May 2024 | Anti-social behaviour | On or near King'S Mead Close | |
| May 2024 | Anti-social behaviour | On or near King'S Mead Close |