£676,226
This estimated value is based upon the latest sale price for the house of £261,500 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £261,500 | 29 Nov 2002 |
| £70,000 | 28 Oct 1999 |
| 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 2002 the House Price Index for CITY OF DERBY was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £261,500 results in an estimated price of approximately £676,226.
| 29 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £261,500 | £414,726 | £676,226 |
The Postcode Pricing Model uses changes in average sales price within the DE3 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 | 53.584 % | £140,121 | £401,621 |
| 3 Month Average | 96.267 % | £251,738 | £513,238 |
| 6 Month Average | 99.820 % | £261,029 | £522,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £409,296 | £400,000 | 4 LEA DRIVE |
| 29 Sep 2023 | £306,762 | £300,000 | 11 RUTLAND DRIVE |
| 28 Jun 2023 | £438,793 | £430,000 | 1A MOORLAND ROAD |
| 31 Mar 2023 | £274,586 | £270,000 | 26 CHESTNUT AVENUE |
| 14 Nov 2022 | £14,930 | £15,000 | 18 EDALE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hope Avenue |
| May 2024 | Criminal damage and arson | Awaiting court outcome | On or near Hope Avenue |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Hope Avenue |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near East Avenue |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Broomhill Close |