£296,674
This estimated value is based upon the latest sale price for the house of £235,000 on 28 Mar 2018. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 28 Mar 2018 |
| £185,000 | 30 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 March 2018 the House Price Index for DERBYSHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £235,000 results in an estimated price of approximately £296,674.
| 28 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £235,000 | £61,674 | £296,674 |
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 | 29.945 % | £70,370 | £305,370 |
| 3 Month Average | 31.047 % | £72,959 | £307,959 |
| 6 Month Average | 48.121 % | £113,084 | £348,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £121,872 | £120,000 | 1A BARNES ROAD |
| 12 Mar 2024 | £174,684 | £172,000 | 180 HADY LANE |
| 22 Sep 2023 | £172,367 | £168,567 | 12 BARNES ROAD |
| 14 Aug 2023 | £137,480 | £135,000 | 21 HEATHCOTE DRIVE |
| 2 Jun 2023 | £117,352 | £115,000 | 33 KENYON ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 17 May 2017. Using an estimated price of £296,675 means this house is valued at £2,602 per sq meter (£241 per sq foot).
The average size of a house on SPITAL LANE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Dingle Lane |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Oct 2024 | Drugs | Under investigation | On or near Heathcote Drive |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heathcote Drive |