£159,630
This estimated value is based upon the latest sale price for the house of £119,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £119,000 | 22 Jul 2016 |
| £102,000 | 3 Oct 2014 |
| Terraced |
| 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 July 2016 the House Price Index for DERBYSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £119,000 results in an estimated price of approximately £159,630.
| 22 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £119,000 | £40,630 | £159,630 |
The Postcode Pricing Model uses changes in average sales price within the S41 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 | 37.806 % | £44,988 | £163,988 |
| 3 Month Average | 33.989 % | £40,446 | £159,446 |
| 6 Month Average | 43.094 % | £51,282 | £170,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £141,250 | £141,250 | 8 KINGSWOOD CLOSE |
| 27 Nov 2023 | £130,821 | £127,500 | 2 NESFIELD CLOSE |
| 27 Oct 2023 | £182,137 | £178,000 | 8 NESFIELD CLOSE |
| 3 Oct 2023 | £276,275 | £270,000 | 20 WHINFELL ROAD |
| 17 Mar 2023 | £53,392 | £52,500 | 27 CAULFIELD CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 21 Jan 2016. Using an estimated price of £159,631 means this house is valued at £2,280 per sq meter (£211 per sq foot).
The average size of a house on COBNAR DRIVE is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cobnar Drive |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Cobnar Drive |
| Aug 2024 | Anti-social behaviour | On or near Kingswood Close | |
| Aug 2024 | Anti-social behaviour | On or near Kingswood Close | |
| Aug 2024 | Anti-social behaviour | On or near Kingswood Close |