£261,372
This estimated value is based upon the latest sale price for the house of £210,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £210,000 | 28 Jun 2019 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2019 the House Price Index for CITY OF DERBY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £210,000 results in an estimated price of approximately £261,372.
| 28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £210,000 | £51,372 | £261,372 |
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 | -7.833 % | £-16,449 | £193,550 |
| 3 Month Average | 9.697 % | £20,363 | £230,363 |
| 6 Month Average | 16.673 % | £35,013 | £245,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £237,291 | £230,000 | 22 MERTON DRIVE |
| 19 Dec 2023 | £226,974 | £220,000 | 3 BROMPTON ROAD |
| 9 Nov 2023 | £418,626 | £408,000 | 31 RICHMOND PARK ROAD |
| 13 Mar 2023 | £300,010 | £295,000 | 12 MERTON DRIVE |
| 10 Feb 2023 | £244,131 | £242,500 | 37 RICHMOND PARK ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 19 Jun 2019. Using an estimated price of £261,373 means this house is valued at £3,149 per sq meter (£292 per sq foot).
The average size of a house on RICHMOND PARK ROAD is 122 sq meters (1,317 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Newham Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newham Close |
| Jul 2024 | Anti-social behaviour | On or near Newham Close | |
| Jul 2024 | Anti-social behaviour | On or near Newham Close | |
| Jul 2024 | Anti-social behaviour | On or near Newham Close |