£611,501
This estimated value is based upon the latest sale price for the house of £515,000 on 23 Sep 2020. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £515,000 | 23 Sep 2020 |
| £375,000 | 27 Jul 2010 |
| 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 September 2020 the House Price Index for CITY OF DERBY was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £515,000 results in an estimated price of approximately £611,501.
| 23 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £515,000 | £96,501 | £611,501 |
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 | -48.643 % | £-250,511 | £264,488 |
| 3 Month Average | -22.154 % | £-114,095 | £400,904 |
| 6 Month Average | 1.818 % | £9,363 | £524,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £259,541 | £255,000 | 27 INGHAM DRIVE |
| 10 Nov 2023 | £385,710 | £380,000 | OVERFIELDS LODGE THE GREEN |
| 17 Feb 2023 | £99,933 | £100,000 | 7 THE SQUARE |
| 28 Nov 2022 | £792,896 | £802,500 | 3 ORCHARD STREET |
| 5 May 2022 | £290,473 | £285,000 | 3 THE SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Green |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Thorndon Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thorndon Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Thorndon Close |