£118,013
This estimated value is based upon the latest sale price for the house of £90,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £90,000 | 9 Dec 2016 |
| £70,000 | 24 Jul 2007 |
| Terraced |
| Freehold |
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 2016 the House Price Index for DERBYSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £90,000 results in an estimated price of approximately £118,013.
| 9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £90,000 | £28,013 | £118,013 |
The Postcode Pricing Model uses changes in average sales price within the NG16 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 | 65.616 % | £59,054 | £149,054 |
| 3 Month Average | 36.051 % | £32,445 | £122,445 |
| 6 Month Average | 38.729 % | £34,856 | £124,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £184,111 | £182,500 | 107 MILNHAY ROAD |
| 17 Apr 2023 | £242,612 | £240,000 | 74 MILNHAY ROAD |
| 13 Sep 2022 | £183,518 | £185,000 | 2 ELNOR STREET |
| 20 Jun 2022 | £131,863 | £130,000 | 3 LIME AVENUE |
| 8 Jun 2022 | £136,935 | £135,000 | 24 ELNOR STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Milnhay Road | |
| Jan 2024 | Anti-social behaviour | On or near Milnhay Road | |
| Jan 2024 | Anti-social behaviour | On or near Milnhay Road | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Brook Vale Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brook Vale Road |