£192,855
This estimated value is based upon the latest sale price for the house of £190,000 on 14 Nov 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 |
|---|---|
| £190,000 | 14 Nov 2023 |
| £125,000 | 25 May 2010 |
| Semi-Detached |
| Freehold |
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 November 2023 the House Price Index for CITY OF DERBY was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £190,000 results in an estimated price of approximately £192,855.
| 14 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £190,000 | £2,855 | £192,855 |
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 | -3.506 % | £-6,661 | £183,338 |
| 3 Month Average | 3.761 % | £7,146 | £197,146 |
| 6 Month Average | 0.287 % | £546 | £190,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £192,855 | £190,000 | 38 LAUNCESTON ROAD |
| 23 Sep 2023 | £182,331 | £180,000 | 5 PENZANCE ROAD |
| 17 Aug 2023 | £174,022 | £172,500 | 46 PENZANCE ROAD |
| 5 Jun 2023 | £172,084 | £170,000 | 56 PENZANCE ROAD |
| 28 Apr 2023 | £183,981 | £182,000 | 55 PENZANCE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Launceston Road |
| Apr 2024 | Other theft | Under investigation | On or near Launceston Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penzance Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penzance Road |
| Mar 2024 | Criminal damage and arson | Local resolution | On or near Penzance Road |