£58,522
This estimated value is based upon the latest sale price for the house of £19,250 on 8 Feb 2002. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £19,250 | 8 Feb 2002 |
| £13,500 | 17 Feb 1998 |
| £12,000 | 15 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 24 sq meters or 258 sq feet |
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 February 2002 the House Price Index for CITY OF DERBY was 48.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 204.012%.Applying this 204.012% change to the original purchase price of £19,250 results in an estimated price of approximately £58,522.
| 8 Feb 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 146.7 | 204.012 % | £19,250 | £39,272 | £58,522 |
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 | 131.372 % | £25,289 | £44,539 |
| 3 Month Average | 146.413 % | £28,184 | £47,434 |
| 6 Month Average | 167.485 % | £32,240 | £51,490 |
This house has a floor area of 24 sq meters or 258 sq feet when measured on 5 Apr 2018.
The average size of a house on WOODS LANE is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Riddings Street | |
| Dec 2023 | Anti-social behaviour | On or near Riddings Street | |
| Dec 2023 | Anti-social behaviour | On or near Riddings Street | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Riddings Street |
| Dec 2023 | Public order | Local resolution | On or near Riddings Street |