£294,409
This estimated value is based upon the latest sale price for the house of £220,000 on 9 Sep 2016. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 9 Sep 2016 |
| £46,800 | 6 Jun 1995 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 September 2016 the House Price Index for DERBYSHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £220,000 results in an estimated price of approximately £294,409.
| 9 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £220,000 | £74,409 | £294,409 |
The Postcode Pricing Model uses changes in average sales price within the DE56 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 | 17.766 % | £39,085 | £259,085 |
| 3 Month Average | 26.033 % | £57,273 | £277,273 |
| 6 Month Average | 36.283 % | £79,823 | £299,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £214,880 | £210,000 | 203 FAR LAUND |
| 25 Aug 2023 | £157,847 | £155,000 | 18 MARSTON CLOSE |
| 26 Oct 2022 | £99,667 | £100,000 | 21 FINDERN CLOSE |
| 6 Oct 2022 | £285,048 | £286,000 | 152 FAR LAUND |
| 5 Sep 2022 | £339,773 | £340,000 | 29 MARSTON CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Jul 2016. Using an estimated price of £294,409 means this house is valued at £3,634 per sq meter (£337 per sq foot).
The average size of a house on FAR LAUND is 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Marston Close |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Findern Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Findern Close |
| Jul 2024 | Anti-social behaviour | On or near Norbury Way | |
| Jul 2024 | Anti-social behaviour | On or near Norbury Way |