£294,674
This estimated value is based upon the latest sale price for the house of £280,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £280,000 | 7 Jan 2022 |
| £124,950 | 22 Apr 2002 |
| 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 January 2022 the House Price Index for CITY OF DERBY was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £280,000 results in an estimated price of approximately £294,674.
| 7 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £280,000 | £14,674 | £294,674 |
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 | 25.046 % | £70,128 | £350,128 |
| 3 Month Average | -15.711 % | £-43,990 | £236,009 |
| 6 Month Average | 2.410 % | £6,749 | £286,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £130,404 | £129,000 | 34 MARSHAW CLOSE |
| 24 Feb 2023 | £409,724 | £410,000 | 6 PENDLEBURY DRIVE |
| 18 Nov 2022 | £380,392 | £385,000 | 10 DOWNHAM CLOSE |
| 6 Oct 2022 | £117,732 | £119,000 | 7 MARSHAW CLOSE |
| 23 May 2022 | £142,689 | £140,000 | 40 MARSHAW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Marshaw Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Springdale Court |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Alma Heights |
| Feb 2024 | Other theft | Under investigation | On or near Bradwell Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bradwell Close |