£551,042
This estimated value is based upon the latest sale price for the house of £540,000 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £540,000 | 2 Jun 2023 |
| £400,000 | 25 Feb 2020 |
| £324,000 | 22 Jan 2018 |
| Detached |
| Freehold |
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 June 2023 the House Price Index for DERBYSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £540,000 results in an estimated price of approximately £551,042.
| 2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £540,000 | £11,042 | £551,042 |
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 | -11.548 % | £-62,356 | £477,643 |
| 3 Month Average | 0.692 % | £3,736 | £543,736 |
| 6 Month Average | -2.120 % | £-11,448 | £528,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £305,510 | £300,000 | 39 STRETTEA LANE |
| 2 Jun 2023 | £551,043 | £540,000 | 21 STRETTEA LANE |
| 9 Sep 2022 | £107,928 | £108,000 | 9 STRETTEA LANE |
| 27 Jun 2022 | £459,829 | £450,000 | 8 STRETTEA LANE |
| 20 Jun 2022 | £107,294 | £105,000 | 1 NEW STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near New Street |
| Oct 2024 | Anti-social behaviour | On or near The Willows | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Goose Green Lane |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Fern Lea |
| Aug 2024 | Criminal damage and arson | Local resolution | On or near Fern Lea |