£247,918
This estimated value is based upon the latest sale price for the house of £142,000 on 29 Jun 2011. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £142,000 | 29 Jun 2011 |
| £85,000 | 12 Dec 2000 |
| £47,000 | 25 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 654 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 June 2011 the House Price Index for DERBYSHIRE was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £142,000 results in an estimated price of approximately £247,918.
| 29 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £142,000 | £105,918 | £247,918 |
The Postcode Pricing Model uses changes in average sales price within the S18 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 | 23.739 % | £33,709 | £175,709 |
| 3 Month Average | 57.599 % | £81,790 | £223,790 |
| 6 Month Average | 57.257 % | £81,305 | £223,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £420,000 | £420,000 | WESTBROOK HOUSE WREAKES LANE |
| 15 Dec 2023 | £366,254 | £355,000 | 51A STUBLEY LANE |
| 8 Dec 2023 | £221,816 | £215,000 | 8 WEST STREET |
| 31 Oct 2023 | £236,368 | £231,000 | 3 WEST STREET |
| 4 Aug 2023 | £195,527 | £192,000 | 15 SUMMERWOOD PLACE |
This house has a floor area of 60 sq meters or 654 sq feet when measured on 22 Mar 2011. Using an estimated price of £247,919 means this house is valued at £4,078 per sq meter (£378 per sq foot).
The average size of a house on SUMMERWOOD LANE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Summerwood Croft |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stubley Place |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stubley Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stubley Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stubley Lane |