£240,821
This estimated value is based upon the latest sale price for the house of £151,650 on 27 Jul 2007. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £151,650 | 27 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2007 the House Price Index for CITY OF DERBY was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £151,650 results in an estimated price of approximately £240,821.
| 27 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £151,650 | £89,171 | £240,821 |
The Postcode Pricing Model uses changes in average sales price within the DE24 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 | 26.305 % | £39,890 | £191,540 |
| 3 Month Average | 36.631 % | £55,551 | £207,201 |
| 6 Month Average | 52.681 % | £79,891 | £231,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £226,974 | £220,000 | 30 MAGELLAN WAY |
| 21 Apr 2023 | £122,287 | £120,000 | 54 MAGELLAN WAY |
| 6 Apr 2023 | £229,289 | £225,000 | 10 IONIAN DRIVE |
| 6 Apr 2023 | £313,871 | £308,000 | 6 MAGELLAN WAY |
| 10 Mar 2023 | £117,970 | £116,000 | 24 ATLANTIC WAY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 13 Dec 2019. Using an estimated price of £240,822 means this house is valued at £2,973 per sq meter (£276 per sq foot).
The average size of a house on MAGELLAN WAY is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ionian Drive |
| Jun 2024 | Anti-social behaviour | On or near Ionian Drive | |
| Jun 2024 | Anti-social behaviour | On or near Ionian Drive | |
| Apr 2024 | Anti-social behaviour | On or near Ionian Drive | |
| Apr 2024 | Anti-social behaviour | On or near Ionian Drive |