£173,665
This estimated value is based upon the latest sale price for the house of £150,000 on 12 Jul 2021. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £150,000 | 12 Jul 2021 |
| £122,500 | 28 Jun 2013 |
| £122,500 | 28 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 sq feet |
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 July 2021 the House Price Index for CITY OF DERBY was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £150,000 results in an estimated price of approximately £173,665.
| 12 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £150,000 | £23,665 | £173,665 |
The Postcode Pricing Model uses changes in average sales price within the DE22 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 | 18.416 % | £27,624 | £177,624 |
| 3 Month Average | 1.252 % | £1,877 | £151,877 |
| 6 Month Average | -0.038 % | £-56 | £149,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £237,291 | £230,000 | 22 MERTON DRIVE |
| 9 Nov 2023 | £418,626 | £408,000 | 31 RICHMOND PARK ROAD |
| 23 Oct 2023 | £271,159 | £265,000 | 22 STOCKWELL DRIVE |
| 13 Mar 2023 | £300,010 | £295,000 | 12 MERTON DRIVE |
| 10 Feb 2023 | £244,131 | £242,500 | 37 RICHMOND PARK ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 26 May 2021. Using an estimated price of £173,666 means this house is valued at £2,994 per sq meter (£278 per sq foot).
The average size of a house on MERTON DRIVE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Newham Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newham Close |
| Jul 2024 | Anti-social behaviour | On or near Newham Close | |
| Jul 2024 | Anti-social behaviour | On or near Newham Close | |
| Jul 2024 | Anti-social behaviour | On or near Newham Close |