£116,624
This estimated value is based upon the latest sale price for the house of £113,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £113,000 | 4 Mar 2022 |
| £83,500 | 6 Nov 2015 |
| £34,000 | 7 Feb 2000 |
| £31,000 | 30 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 March 2022 the House Price Index for CITY OF DERBY was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £113,000 results in an estimated price of approximately £116,624.
| 4 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £113,000 | £3,624 | £116,624 |
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 | -18.633 % | £-21,055 | £91,944 |
| 3 Month Average | -13.706 % | £-15,487 | £97,512 |
| 6 Month Average | -0.532 % | £-601 | £112,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £142,700 | £140,000 | 11 NICOLA GARDENS |
| 3 Nov 2023 | £166,133 | £164,000 | 541 STENSON ROAD |
| 2 Aug 2023 | £191,162 | £190,000 | 533 STENSON ROAD |
| 9 Jun 2023 | £178,447 | £177,000 | 589 STENSON ROAD |
| 11 Nov 2022 | £162,367 | £165,000 | 9 SOUTHCROFT |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 26 Nov 2013. Using an estimated price of £116,625 means this house is valued at £2,200 per sq meter (£204 per sq foot).
The average size of a house on NICOLA GARDENS is 65 sq meters (703 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Southcroft |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southcroft |