£114,501
This estimated value is based upon the latest sale price for the house of £108,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £108,000 | 21 Jan 2022 |
| £94,000 | 11 May 2018 |
| £77,000 | 24 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 January 2022 the House Price Index for DERBYSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £108,000 results in an estimated price of approximately £114,501.
| 21 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £108,000 | £6,501 | £114,501 |
The Postcode Pricing Model uses changes in average sales price within the DE55 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 | 10.008 % | £10,808 | £118,808 |
| 3 Month Average | 5.898 % | £6,369 | £114,369 |
| 6 Month Average | 6.174 % | £6,667 | £114,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £117,192 | £115,000 | 85 PROSPECT STREET |
| 20 Jun 2022 | £127,730 | £125,000 | 17 PROSPECT STREET |
| 13 Jun 2022 | £112,403 | £110,000 | 72 PROSPECT STREET |
| 29 Mar 2022 | £120,052 | £115,000 | 90 PROSPECT STREET |
| 8 Feb 2022 | £114,097 | £108,000 | 37 PROSPECT STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Oct 2021. Using an estimated price of £114,501 means this house is valued at £1,635 per sq meter (£151 per sq foot).
The average size of a house on PROSPECT STREET is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Cornhill Drive |
| Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Cornhill Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Prospect Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Prospect Street |
| Jul 2024 | Other crime | Under investigation | On or near Prospect Street |