£491,623
This estimated value is based upon the latest sale price for the house of £107,500 on 14 Jan 1999. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £107,500 | 14 Jan 1999 |
| £99,000 | 3 Jan 1995 |
| Detached |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 January 1999 the House Price Index for DERBYSHIRE was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £107,500 results in an estimated price of approximately £491,623.
| 14 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £107,500 | £384,123 | £491,623 |
The Postcode Pricing Model uses changes in average sales price within the SK13 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 | 168.285 % | £180,905 | £288,405 |
| 3 Month Average | 309.395 % | £332,599 | £440,099 |
| 6 Month Average | 318.691 % | £342,592 | £450,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £281,069 | £276,000 | 48 LEICESTER DRIVE |
| 2 Jun 2023 | £388,791 | £381,000 | 7 GORSE WAY |
| 20 Jan 2023 | £274,734 | £274,000 | 32 LEICESTER DRIVE |
| 20 Jan 2023 | £220,589 | £220,000 | 29 HERON CLOSE |
| 3 Dec 2021 | £312,999 | £290,000 | 22 HERON CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Jul 2020. Using an estimated price of £491,624 means this house is valued at £5,286 per sq meter (£491 per sq foot).
The average size of a house on GORSE WAY is 119 sq meters (1,286 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Leicester Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Langley Drive |
| Oct 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Bracken Way | |
| Aug 2024 | Anti-social behaviour | On or near Bracken Way |