£231,446
This estimated value is based upon the latest sale price for the house of £166,000 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £166,000 | 4 Dec 2015 |
| £148,000 | 27 Oct 2006 |
| £81,500 | 30 Nov 2001 |
| £63,995 | 30 Oct 1998 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 698 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 December 2015 the House Price Index for DERBYSHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £166,000 results in an estimated price of approximately £231,446.
| 4 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £166,000 | £65,446 | £231,446 |
The Postcode Pricing Model uses changes in average sales price within the S41 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 | 37.892 % | £62,900 | £228,900 |
| 3 Month Average | 33.066 % | £54,888 | £220,888 |
| 6 Month Average | 41.405 % | £68,732 | £234,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £132,478 | £130,000 | 26 SPITAL LANE |
| 3 Mar 2023 | £204,414 | £201,000 | 3 ROSE GARTH CLOSE |
| 17 Feb 2023 | £284,903 | £283,000 | 21 ROSE GARTH CLOSE |
| 6 Feb 2023 | £120,807 | £120,000 | 58 SPITAL LANE |
| 3 Feb 2023 | £143,458 | £142,500 | 62 SPITAL LANE |
This house has a floor area of 64 sq meters or 698 sq feet when measured on 30 Sep 2010. Using an estimated price of £231,447 means this house is valued at £3,566 per sq meter (£331 per sq foot).
The average size of a house on SPITAL BROOK CLOSE is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Spital Gardens |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Hartington Road |