£560,039
This estimated value is based upon the latest sale price for the house of £450,000 on 21 Mar 2019. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £450,000 | 21 Mar 2019 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CITY OF DERBY to estimate the market value.
When this house was purchased in March 2019 the House Price Index for CITY OF DERBY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £450,000 results in an estimated price of approximately £560,039.
| 21 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £450,000 | £110,039 | £560,039 |
The Postcode Pricing Model uses changes in average sales price within the DE3 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 | 16.100 % | £72,451 | £522,451 |
| 3 Month Average | 10.396 % | £46,784 | £496,784 |
| 6 Month Average | 5.155 % | £23,196 | £473,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £562,278 | £545,000 | 185A STATION ROAD |
| 23 Oct 2023 | £409,296 | £400,000 | 4 LEA DRIVE |
| 29 Mar 2023 | £559,341 | £550,000 | 64 CHESTNUT AVENUE |
| 15 Mar 2023 | £429,676 | £422,500 | 74 CHESTNUT AVENUE |
| 3 Mar 2023 | £528,832 | £520,000 | 187 STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near East Avenue |
| Jul 2024 | Burglary | Under investigation | On or near Mickleross Close |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Broomhill Close |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Hailsham Close |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Hailsham Close |