£428,588
This estimated value is based upon the latest sale price for the house of £420,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £420,000 | 16 Jun 2023 |
| £230,000 | 27 Sep 2013 |
| £187,000 | 1 May 2003 |
| £99,995 | 19 Feb 1999 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 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 £420,000 results in an estimated price of approximately £428,588.
| 16 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £420,000 | £8,588 | £428,588 |
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 | -5.941 % | £-24,951 | £395,048 |
| 3 Month Average | 0.694 % | £2,913 | £422,913 |
| 6 Month Average | 1.851 % | £7,775 | £427,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £502,762 | £490,000 | HAZELWOOD HOUSE MARLBOROUGH DRIVE |
| 23 Oct 2023 | £386,785 | £378,000 | 7 HARRIER ROAD |
| 26 Jun 2023 | £360,219 | £353,000 | 23 GREGORYS WAY |
| 16 Jun 2023 | £428,589 | £420,000 | 28 GREGORYS WAY |
| 28 Apr 2023 | £407,624 | £400,000 | 8 MERLIN CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 5 Jul 2013. Using an estimated price of £428,589 means this house is valued at £3,694 per sq meter (£343 per sq foot).
The average size of a house on GREGORYS WAY is 138 sq meters (1,494 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Weavers Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Pilsley Close |