£458,586
This estimated value is based upon the latest sale price for the house of £285,000 on 27 Jan 2014. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
There has been one burglary within the last year on or near Well Lane
More crime details
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| Price Paid | Date |
|---|---|
| £285,000 | 27 Jan 2014 |
| £192,000 | 6 Feb 2003 |
| £127,500 | 3 Aug 2001 |
| 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 January 2014 the House Price Index for DERBYSHIRE was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £285,000 results in an estimated price of approximately £458,586.
| 27 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £285,000 | £173,586 | £458,586 |
The Postcode Pricing Model uses changes in average sales price within the DE56 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 | 70.644 % | £201,335 | £486,335 |
| 3 Month Average | 61.931 % | £176,503 | £461,503 |
| 6 Month Average | 59.036 % | £168,253 | £453,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £222,500 | £222,500 | 15 FULLERS CLOSE |
| 21 Dec 2023 | £221,816 | £215,000 | THE PATTERN HOUSE DERBY ROAD |
| 21 Dec 2023 | £170,747 | £165,500 | 18 MILLERS WAY |
| 15 Dec 2023 | £505,534 | £490,000 | 14 WELL LANE |
| 10 Nov 2023 | £341,673 | £333,000 | 8 BANK BUILDINGS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Local resolution | On or near Well Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Foundry Lane |
| Sep 2024 | Robbery | Unable to prosecute suspect | On or near Hopping Hill |
| Jul 2024 | Criminal damage and arson | Local resolution | On or near Hopping Hill |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Shaw Lane |