£248,906
This estimated value is based upon the latest sale price for the house of £200,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 22 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 March 2019 the House Price Index for DERBYSHIRE 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 £200,000 results in an estimated price of approximately £248,906.
| 22 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £200,000 | £48,906 | £248,906 |
The Postcode Pricing Model uses changes in average sales price within the S18 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 | -1.080 % | £-2,159 | £197,840 |
| 3 Month Average | 11.456 % | £22,911 | £222,911 |
| 6 Month Average | 7.949 % | £15,897 | £215,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £287,497 | £285,000 | 26 GOMERSAL LANE |
| 1 Sep 2023 | £276,086 | £270,000 | 3 FLETCHER AVENUE |
| 13 Jan 2023 | £225,603 | £225,000 | 28 GOMERSAL LANE |
| 11 Nov 2022 | £308,557 | £310,000 | 36 MOONPENNY WAY |
| 23 May 2022 | £128,344 | £125,000 | APARTMENT 2 BANK HOUSE, 22 - 24 LEA ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Dec 2015. Using an estimated price of £248,907 means this house is valued at £3,555 per sq meter (£330 per sq foot).
The average size of a house on FLETCHER AVENUE is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Moonpenny Way | |
| Sep 2024 | Anti-social behaviour | On or near Moonpenny Way | |
| Jul 2024 | Anti-social behaviour | On or near Moonpenny Way | |
| Jul 2024 | Anti-social behaviour | On or near Moonpenny Way | |
| Jul 2024 | Anti-social behaviour | On or near Moonpenny Way |