£245,448
This estimated value is based upon the latest sale price for the house of £195,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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Price Paid | Date |
---|---|
£195,000 | 2 Feb 2018 |
£168,000 | 4 Apr 2005 |
Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 February 2018 the House Price Index for DERBYSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £195,000 results in an estimated price of approximately £245,448.
2 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £195,000 | £50,448 | £245,448 |
The Postcode Pricing Model uses changes in average sales price within the DE11 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 | 25.508 % | £49,741 | £244,741 |
3 Month Average | 28.906 % | £56,366 | £251,366 |
6 Month Average | 24.686 % | £48,138 | £243,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £170,231 | £165,000 | 5 HIGHFIELD STREET |
18 Aug 2023 | £203,673 | £200,000 | 12 HIGHFIELD ROAD |
30 Jun 2023 | £139,802 | £137,000 | 26 HASTINGS ROAD |
12 Jan 2023 | £245,656 | £245,000 | 19 COPPICE SIDE |
9 Sep 2022 | £194,870 | £195,000 | 5 HERITAGE CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 12 Jan 2018. Using an estimated price of £245,448 means this house is valued at £4,023 per sq meter (£373 per sq foot).
The average size of a house on RAVENWOOD is 88 sq meters (952 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Under investigation | On or near Alleyne Close |
Jul 2024 | Possession of weapons | Under investigation | On or near Alleyne Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Alleyne Close |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Alleyne Close |
Jul 2024 | Shoplifting | Under investigation | On or near Alleyne Close |