£309,388
This estimated value is based upon the latest sale price for the house of £180,000 on 30 Apr 2012. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 30 Apr 2012 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 681 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 April 2012 the House Price Index for DERBYSHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.883%.Applying this 71.883% change to the original purchase price of £180,000 results in an estimated price of approximately £309,388.
| 30 Apr 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.883 % | £180,000 | £129,388 | £309,388 |
The Postcode Pricing Model uses changes in average sales price within the S18 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 | 173.608 % | £312,495 | £492,495 |
| 3 Month Average | 76.239 % | £137,230 | £317,230 |
| 6 Month Average | 54.015 % | £97,226 | £277,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £340,000 | £340,000 | 4 CROSS LANE |
| 27 Mar 2024 | £243,745 | £240,000 | 8 SCARSDALE CLOSE |
| 15 Mar 2024 | £228,511 | £225,000 | 2 SCARSDALE CLOSE |
| 3 Aug 2023 | £173,122 | £170,000 | 28 SCARSDALE ROAD |
| 31 Mar 2023 | £244,076 | £240,000 | 41 SCARSDALE ROAD |
This house has a floor area of 63 sq meters or 681 sq feet when measured on 24 May 2011. Using an estimated price of £309,389 means this house is valued at £4,888 per sq meter (£454 per sq foot).
The average size of a house on CROSS LANE is 125 sq meters (1,348 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (681 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cross Lane |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cross Lane |
| Jul 2024 | Anti-social behaviour | On or near Cross Lane | |
| Jul 2024 | Anti-social behaviour | On or near Cross Lane | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cross Lane |