£229,224
This estimated value is based upon the latest sale price for the house of £147,995 on 10 Aug 2007. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £147,995 | 10 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 August 2007 the House Price Index for CITY OF DERBY was 94.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.887%.Applying this 54.887% change to the original purchase price of £147,995 results in an estimated price of approximately £229,224.
| 10 Aug 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 146.7 | 54.887 % | £147,995 | £81,229 | £229,224 |
The Postcode Pricing Model uses changes in average sales price within the DE24 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 | 44.495 % | £65,850 | £213,845 |
| 3 Month Average | 57.761 % | £85,483 | £233,478 |
| 6 Month Average | 55.564 % | £82,232 | £230,227 |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 18 Nov 2019.
The average size of a house on MAGELLAN WAY is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Ionian Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ionian Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ionian Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ionian Drive |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Ionian Drive |