£291,623
This estimated value is based upon the latest sale price for the house of £285,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 20 Oct 2023 |
| £149,950 | 17 Feb 2017 |
| £89,000 | 8 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 October 2023 the House Price Index for DERBYSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £285,000 results in an estimated price of approximately £291,623.
| 20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £285,000 | £6,623 | £291,623 |
The Postcode Pricing Model uses changes in average sales price within the S41 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 | -14.523 % | £-41,389 | £243,610 |
| 3 Month Average | -1.637 % | £-4,666 | £280,333 |
| 6 Month Average | 6.427 % | £18,317 | £303,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £213,857 | £212,000 | 79 SWADDALE AVENUE |
| 1 Mar 2024 | £192,965 | £190,000 | 43 STUART CLOSE |
| 15 Dec 2023 | £288,877 | £280,000 | 10 SWADDALE AVENUE |
| 4 Dec 2023 | £194,992 | £189,000 | 39 SWADDALE AVENUE |
| 20 Oct 2023 | £291,623 | £285,000 | 225 LOCKOFORD LANE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 19 May 2016. Using an estimated price of £291,623 means this house is valued at £4,288 per sq meter (£398 per sq foot).
The average size of a house on LOCKOFORD LANE is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Stuart Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stuart Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Malia Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Malia Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Swaddale Close |