£129,109
This estimated value is based upon the latest sale price for the house of £24,500 on 29 Apr 1997. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £24,500 | 29 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,078 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 April 1997 the House Price Index for CITY OF DERBY was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £24,500 results in an estimated price of approximately £129,109.
| 29 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 426.976 % | £24,500 | £104,609 | £129,109 |
The Postcode Pricing Model uses changes in average sales price within the DE23 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 | 450.099 % | £110,274 | £134,774 |
| 3 Month Average | 370.445 % | £90,758 | £115,258 |
| 6 Month Average | 352.942 % | £86,470 | £110,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £107,440 | £105,000 | 75 BECHER STREET |
| 27 May 2022 | £210,484 | £205,000 | PEAR TREE LIBRARY PEAR TREE ROAD |
| 3 Sep 2021 | £115,070 | £106,000 | 46 BECHER STREET |
| 6 Mar 2020 | £104,348 | £86,000 | 40 BECHER STREET |
| 2 Sep 2019 | £84,298 | £68,200 | 55 RICHMOND ROAD |
This house has a floor area of 100 sq meters or 1,078 sq feet when measured on 7 Jan 2010. Using an estimated price of £129,109 means this house is valued at £1,288 per sq meter (£119 per sq foot).
The average size of a house on RICHMOND ROAD is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Richmond Road |