£270,419
This estimated value is based upon the latest sale price for the house of £265,000 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 2 Jun 2023 |
| £169,950 | 4 Aug 2017 |
| £135,000 | 24 Nov 2006 |
| £146,000 | 19 Dec 2005 |
| £70,000 | 28 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2023 the House Price Index for DERBYSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £265,000 results in an estimated price of approximately £270,419.
| 2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £265,000 | £5,419 | £270,419 |
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 | -5.941 % | £-15,743 | £249,256 |
| 3 Month Average | 0.694 % | £1,838 | £266,838 |
| 6 Month Average | 1.851 % | £4,905 | £269,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £297,553 | £290,000 | 8 NAILERS WAY |
| 26 Jun 2023 | £260,215 | £255,000 | 3 SPINNERS WAY |
| 2 Jun 2023 | £270,419 | £265,000 | 5 SPINNERS WAY |
| 31 Mar 2023 | £198,312 | £195,000 | 15 ARKWRIGHT AVENUE |
| 6 Jan 2023 | £365,978 | £365,000 | 23 ARKWRIGHT AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 Jan 2017. Using an estimated price of £270,419 means this house is valued at £3,863 per sq meter (£358 per sq foot).
The average size of a house on SPINNERS WAY is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Weavers Close |
| Jul 2024 | Anti-social behaviour | On or near The Pinfold | |
| Jul 2024 | Anti-social behaviour | On or near The Pinfold | |
| Jul 2024 | Anti-social behaviour | On or near The Pinfold | |
| Jul 2024 | Anti-social behaviour | On or near The Pinfold |