4 THE COTTAGES

£372,872

Full Address

4 THE COTTAGES
MELBOURNE
DERBY
DERBYSHIRE
UNITED KINGDOM
DE73 1DH

Estimated Market Value

£372,872

This estimated value is based upon the latest sale price for the house of £217,500 on 6 Jun 2006. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1

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Transactions for this house
Price PaidDate
£217,5006 Jun 2006
£78,0002 Jun 1999
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 June 2006 the House Price Index for DERBYSHIRE was 85.6.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.436%.

Applying this 71.436% change to the original purchase price of £217,500 results in an estimated price of approximately £372,872.

6 Jun 2006 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
85.6 146.7 71.436 % £217,500 £155,372 £372,872

The Postcode Pricing Model uses changes in average sales price within the DE73 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 29.032 % £63,143 £280,643
3 Month Average 41.318 % £89,865 £307,365
6 Month Average 53.043 % £115,368 £332,868
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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