£416,666
This estimated value is based upon the latest sale price for the house of £250,000 on 23 May 2013. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
There has been one burglary within the last year on or near Chaneyfield Way
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| Price Paid | Date |
|---|---|
| £250,000 | 23 May 2013 |
| £220,000 | 17 May 2007 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 May 2013 the House Price Index for DERBYSHIRE was 88.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 66.667%.Applying this 66.667% change to the original purchase price of £250,000 results in an estimated price of approximately £416,666.
| 23 May 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.0 | 66.667 % | £250,000 | £166,666 | £416,666 |
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 | 18.370 % | £45,923 | £295,923 |
| 3 Month Average | 68.505 % | £171,262 | £421,262 |
| 6 Month Average | 65.760 % | £164,401 | £414,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £305,785 | £300,000 | 11 BANK WOOD CLOSE |
| 22 Aug 2023 | £387,356 | £385,000 | 589 NEWBOLD ROAD |
| 11 Aug 2023 | £221,346 | £220,000 | 565 NEWBOLD ROAD |
| 17 Mar 2023 | £288,560 | £287,000 | 585 NEWBOLD ROAD |
| 30 Jan 2023 | £282,518 | £285,000 | 563 NEWBOLD ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 9 May 2012. Using an estimated price of £416,667 means this house is valued at £3,086 per sq meter (£286 per sq foot).
The average size of a house on BANK WOOD CLOSE is 128 sq meters (1,388 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Chaneyfield Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burrs Wood Croft |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burrs Wood Croft |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Burrs Wood Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Newbold Close |