£265,574
This estimated value is based upon the latest sale price for the house of £230,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 27 Nov 2020 |
| Terraced |
| 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 November 2020 the House Price Index for DERBYSHIRE was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £230,000 results in an estimated price of approximately £265,574.
| 27 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £230,000 | £35,574 | £265,574 |
The Postcode Pricing Model uses changes in average sales price within the S42 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 | 6.416 % | £14,756 | £244,756 |
| 3 Month Average | 6.311 % | £14,515 | £244,515 |
| 6 Month Average | 7.650 % | £17,593 | £247,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £182,341 | £180,000 | 8 FARNDALE AVENUE |
| 24 Nov 2023 | £177,276 | £175,000 | 43 FIRVALE ROAD |
| 5 Apr 2023 | £342,546 | £340,000 | 45 SOMERSBY AVENUE |
| 22 Feb 2023 | £253,800 | £255,000 | 51 SOMERSBY AVENUE |
| 22 Aug 2022 | £178,792 | £180,000 | 51 FARNDALE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Creswick Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Hall Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Hall Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Medlock Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Belvedere Close |