£229,499
This estimated value is based upon the latest sale price for the house of £196,500 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £196,500 | 6 Nov 2020 |
| £120,000 | 7 Mar 2012 |
| £139,000 | 18 Feb 2005 |
| Detached |
| Freehold |
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 November 2020 the House Price Index for DERBYSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £196,500 results in an estimated price of approximately £229,499.
| 6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £196,500 | £32,999 | £229,499 |
The Postcode Pricing Model uses changes in average sales price within the DE55 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 | -2.843 % | £-5,585 | £190,914 |
| 3 Month Average | 5.855 % | £11,505 | £208,005 |
| 6 Month Average | 5.198 % | £10,213 | £206,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £238,667 | £235,000 | 8 CHERRY CLOSE |
| 12 Sep 2023 | £301,650 | £295,000 | 11 POPLAR ROAD |
| 30 Jun 2023 | £169,650 | £166,250 | 14 ERICA DRIVE |
| 14 Jun 2023 | £137,761 | £135,000 | 2 GREEN ACRES DRIVE |
| 5 Jan 2023 | £196,525 | £196,000 | 1 CHERRY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near Honeysuckle Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Honeysuckle Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sough Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Bramble Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosewood Close |