£92,655
This estimated value is based upon the latest sale price for the house of £75,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
There has been one burglary within the last year on or near Grove Road
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| Price Paid | Date |
|---|---|
| £75,000 | 25 Oct 2019 |
| £36,500 | 28 Aug 2002 |
| £19,000 | 3 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 October 2019 the House Price Index for DERBYSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £75,000 results in an estimated price of approximately £92,655.
| 25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £75,000 | £17,655 | £92,655 |
The Postcode Pricing Model uses changes in average sales price within the S41 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 | 50.678 % | £38,008 | £113,008 |
| 3 Month Average | 26.618 % | £19,963 | £94,963 |
| 6 Month Average | 26.630 % | £19,972 | £94,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £129,489 | £127,500 | 40 STAND ROAD |
| 10 Oct 2023 | £388,831 | £380,000 | 11 ST CHADS WAY |
| 2 Aug 2023 | £157,847 | £155,000 | 58 STAND ROAD |
| 1 Feb 2023 | £120,807 | £120,000 | 18 STAND ROAD |
| 30 Nov 2022 | £228,930 | £230,000 | 26 ST CHADS WAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 10 Apr 2012. Using an estimated price of £92,655 means this house is valued at £1,447 per sq meter (£134 per sq foot).
The average size of a house on GROVE ROAD is 66 sq meters (715 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Grove Road |
| Jun 2024 | Other theft | Under investigation | On or near Grove Road |
| May 2024 | Possession of weapons | Under investigation | On or near Grove Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grove Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grove Road |