£65,604
This estimated value is based upon the latest sale price for the house of £11,500 on 27 Nov 1995. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £11,500 | 27 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 November 1995 the House Price Index for DERBYSHIRE was 26.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 470.474%.Applying this 470.474% change to the original purchase price of £11,500 results in an estimated price of approximately £65,604.
| 27 Nov 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 148.6 | 470.474 % | £11,500 | £54,104 | £65,604 |
The Postcode Pricing Model uses changes in average sales price within the DE23 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 | 340.508 % | £39,158 | £50,658 |
| 3 Month Average | 360.143 % | £41,416 | £52,916 |
| 6 Month Average | 346.885 % | £39,891 | £51,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £111,653 | £110,000 | 340 NORMANTON ROAD |
| 25 Aug 2023 | £80,706 | £80,000 | 91 CUMMINGS STREET |
| 28 Apr 2023 | £217,340 | £215,000 | 24 LYNDHURST STREET |
| 25 Apr 2023 | £106,143 | £105,000 | 10 INDUSTRIAL STREET |
| 16 Mar 2022 | £154,403 | £149,000 | 342A NORMANTON ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 17 Dec 2013. Using an estimated price of £65,604 means this house is valued at £468 per sq meter (£43 per sq foot).
The average size of a house on CHESTNUT AVENUE is 133 sq meters (1,434 sq feet).