£526,272
This estimated value is based upon the latest sale price for the house of £145,000 on 1 Dec 2000. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 1 Dec 2000 |
| 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 December 2000 the House Price Index for DERBYSHIRE was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £145,000 results in an estimated price of approximately £526,272.
| 1 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 149.7 | 262.947 % | £145,000 | £381,272 | £526,272 |
The Postcode Pricing Model uses changes in average sales price within the SK17 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 | 255.003 % | £369,754 | £514,754 |
| 3 Month Average | 255.235 % | £370,090 | £515,090 |
| 6 Month Average | 244.965 % | £355,199 | £500,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £262,278 | £260,000 | 2 LONGDEN COURT SPRING GARDENS |
| 12 Apr 2024 | £310,194 | £307,500 | 73 SPRING GARDENS |
| 15 Dec 2023 | £92,853 | £90,000 | 11A HARDWICK MOUNT |
| 29 Sep 2023 | £107,367 | £105,000 | APARTMENT 3 73 SPRING GARDENS |
| 29 Sep 2023 | £112,480 | £110,000 | APARTMENT 5 73 SPRING GARDENS |