£306,674
This estimated value is based upon the latest sale price for the house of £177,500 on 8 Feb 2012. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £177,500 | 8 Feb 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,020 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 February 2012 the House Price Index for DERBYSHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £177,500 results in an estimated price of approximately £306,674.
| 8 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £177,500 | £129,174 | £306,674 |
The Postcode Pricing Model uses changes in average sales price within the SK13 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 | -12.304 % | £-21,840 | £155,659 |
| 3 Month Average | 49.070 % | £87,099 | £264,599 |
| 6 Month Average | 58.248 % | £103,390 | £280,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £266,772 | £260,000 | 18 HILLWOOD DRIVE |
| 6 Nov 2023 | £223,165 | £217,500 | 18 QUEENS DRIVE |
| 11 Aug 2023 | £336,825 | £330,750 | 181 SHEFFIELD ROAD |
| 10 Aug 2023 | £244,408 | £240,000 | WESTON SHEFFIELD ROAD |
| 16 Jun 2023 | £83,167 | £81,500 | 23 MILLERSDALE COURT |
This house has a floor area of 94 sq meters or 1,020 sq feet when measured on 3 Aug 2011. Using an estimated price of £306,674 means this house is valued at £3,235 per sq meter (£300 per sq foot).
The average size of a house on SHEFFIELD ROAD is 98 sq meters (1,060 sq feet).