£304,868
This estimated value is based upon the latest sale price for the house of £275,000 on 31 Mar 2021. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £275,000 | 31 Mar 2021 |
| £189,950 | 7 Jan 2016 |
| £65,000 | 16 Oct 1998 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CITY OF DERBY to estimate the market value.
When this house was purchased in March 2021 the House Price Index for CITY OF DERBY was 133.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.861%.Applying this 10.861% change to the original purchase price of £275,000 results in an estimated price of approximately £304,868.
| 31 Mar 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.0 | 10.861 % | £275,000 | £29,868 | £304,868 |
The Postcode Pricing Model uses changes in average sales price within the DE22 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 | -8.571 % | £-23,571 | £251,428 |
| 3 Month Average | -30.736 % | £-84,523 | £190,476 |
| 6 Month Average | -12.761 % | £-35,093 | £239,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £577,413 | £570,000 | 2 MULBERRIES COURT |
| 31 Aug 2023 | £271,652 | £270,000 | 163 PORTREATH DRIVE |
| 25 Aug 2023 | £234,426 | £233,000 | 34 BUTTERMERE DRIVE |
| 7 Jul 2023 | £383,629 | £380,000 | 6 WINDERMERE CRESCENT |
| 14 Jul 2022 | £251,660 | £252,000 | 54 BUTTERMERE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Buttermere Drive |
| Mar 2024 | Other crime | Under investigation | On or near Buttermere Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Buttermere Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Buttermere Drive |
| Jan 2024 | Anti-social behaviour | On or near Rydal Close |