£319,594
This estimated value is based upon the latest sale price for the house of £184,950 on 1 Jul 2011. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £184,950 | 1 Jul 2011 |
| £210,000 | 4 Jun 2007 |
| £148,000 | 17 Jan 2003 |
| Detached |
| Freehold |
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 July 2011 the House Price Index for DERBYSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £184,950 results in an estimated price of approximately £319,594.
| 1 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £184,950 | £134,644 | £319,594 |
The Postcode Pricing Model uses changes in average sales price within the NG10 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 | 46.195 % | £85,437 | £270,387 |
| 3 Month Average | 63.293 % | £117,060 | £302,010 |
| 6 Month Average | 74.490 % | £137,770 | £322,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £282,471 | £280,000 | 166 WILSTHORPE ROAD |
| 7 Aug 2023 | £418,663 | £415,000 | 1 SHARP CLOSE |
| 26 Jul 2023 | £273,683 | £270,000 | 129 HAWTHORNE AVENUE |
| 28 Oct 2022 | £262,177 | £265,000 | 27 GOUGH GROVE |
| 24 Aug 2022 | £369,007 | £370,000 | 11 HOOLEY CLOSE |