£245,159
This estimated value is based upon the latest sale price for the house of £71,000 on 18 May 2001. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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Price Paid | Date |
---|---|
£71,000 | 18 May 2001 |
£54,000 | 11 Dec 1995 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 May 2001 the House Price Index for DERBYSHIRE was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £71,000 results in an estimated price of approximately £245,159.
18 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 149.7 | 245.295 % | £71,000 | £174,159 | £245,159 |
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 | 189.444 % | £134,505 | £205,505 |
3 Month Average | 239.333 % | £169,926 | £240,926 |
6 Month Average | 247.879 % | £175,993 | £246,993 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £206,168 | £203,000 | 4 NURSERY CLOSE |
24 Nov 2023 | £543,804 | £530,000 | 130 SPRINGFIELD ROAD |
20 Oct 2023 | £214,880 | £210,000 | 50 SPRINGFIELD ROAD |
4 Aug 2023 | £266,812 | £262,000 | 17 WOODFIELD DRIVE |
3 Mar 2023 | £172,836 | £169,950 | 4 EASTFIELD ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 26 Aug 2020. Using an estimated price of £245,159 means this house is valued at £2,636 per sq meter (£244 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 128 sq meters (1,380 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Springfield Road | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
Jun 2024 | Anti-social behaviour | On or near Springfield Road | |
Jun 2024 | Anti-social behaviour | On or near Springfield Road | |
Jun 2024 | Anti-social behaviour | On or near Springfield Road |