£72,604
This estimated value is based upon the latest sale price for the house of £56,250 on 19 Jun 2017. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £56,250 | 19 Jun 2017 |
| £52,750 | 20 Apr 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 525 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 2017 the House Price Index for DERBYSHIRE was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £56,250 results in an estimated price of approximately £72,604.
| 19 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £56,250 | £16,354 | £72,604 |
The Postcode Pricing Model uses changes in average sales price within the S40 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 | 19.801 % | £11,137 | £67,387 |
| 3 Month Average | 5.376 % | £3,023 | £59,273 |
| 6 Month Average | 11.063 % | £6,223 | £62,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £221,927 | £220,000 | 16 REPTON CLOSE |
| 19 Apr 2024 | £219,910 | £218,000 | 10 HORSLEY CLOSE |
| 19 Apr 2024 | £174,515 | £173,000 | 4 WESTON CLOSE |
| 1 Dec 2023 | £173,326 | £168,000 | 9 ELKSTONE ROAD |
| 26 Sep 2023 | £178,945 | £175,000 | 1 REPTON CLOSE |
This house has a floor area of 48 sq meters or 525 sq feet when measured on 11 Jun 2009. Using an estimated price of £72,604 means this house is valued at £1,486 per sq meter (£138 per sq foot).
The average size of a house on MERCASTON CLOSE is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Mercaston Close |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Mercaston Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercaston Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercaston Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercaston Close |