£223,736
This estimated value is based upon the latest sale price for the house of £220,000 on 10 Mar 2023. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £220,000 | 10 Mar 2023 |
| £180,000 | 9 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 March 2023 the House Price Index for CITY OF DERBY was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £220,000 results in an estimated price of approximately £223,736.
| 10 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £220,000 | £3,736 | £223,736 |
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 | -27.182 % | £-59,800 | £160,199 |
| 3 Month Average | 4.209 % | £9,259 | £229,259 |
| 6 Month Average | -0.999 % | £-2,198 | £217,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £418,626 | £408,000 | 31 RICHMOND PARK ROAD |
| 23 Oct 2023 | £271,159 | £265,000 | 22 STOCKWELL DRIVE |
| 25 Aug 2023 | £346,245 | £340,000 | 78 RICHMOND PARK ROAD |
| 10 Mar 2023 | £223,736 | £220,000 | 4 LAMBETH CLOSE |
| 10 Feb 2023 | £244,131 | £242,500 | 37 RICHMOND PARK ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Nov 2016. Using an estimated price of £223,736 means this house is valued at £2,695 per sq meter (£250 per sq foot).
The average size of a house on LAMBETH CLOSE is 125 sq meters (1,354 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Lambeth Close |
| Sep 2024 | Drugs | Under investigation | On or near Belmont Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belmont Close |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Belmont Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Belmont Close |