£187,003
This estimated value is based upon the latest sale price for the house of £175,000 on 28 Jun 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 |
|---|---|
| £175,000 | 28 Jun 2021 |
| £183,750 | 27 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 846 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 June 2021 the House Price Index for CITY OF DERBY was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £175,000 results in an estimated price of approximately £187,003.
| 28 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £175,000 | £12,003 | £187,003 |
The Postcode Pricing Model uses changes in average sales price within the DE24 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 | -7.703 % | £-13,479 | £161,520 |
| 3 Month Average | 2.354 % | £4,119 | £179,119 |
| 6 Month Average | 9.617 % | £16,830 | £191,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £224,242 | £220,000 | 30 MAGELLAN WAY |
| 21 Apr 2023 | £120,899 | £120,000 | 54 MAGELLAN WAY |
| 6 Apr 2023 | £310,306 | £308,000 | 6 MAGELLAN WAY |
| 6 Apr 2023 | £226,685 | £225,000 | 10 IONIAN DRIVE |
| 28 Feb 2023 | £116,947 | £117,500 | 33 ATLANTIC WAY |
This house has a floor area of 78 sq meters or 846 sq feet when measured on 12 May 2010. Using an estimated price of £187,004 means this house is valued at £2,377 per sq meter (£220 per sq foot).
The average size of a house on IONIAN DRIVE is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ionian Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ionian Drive |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Ionian Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ionian Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ionian Drive |