£240,927
This estimated value is based upon the latest sale price for the house of £195,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 8 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 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 23.552%.Applying this 23.552% change to the original purchase price of £195,000 results in an estimated price of approximately £240,927.
| 8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £195,000 | £45,927 | £240,927 |
The Postcode Pricing Model uses changes in average sales price within the S40 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 | 21.719 % | £42,351 | £237,351 |
| 3 Month Average | 3.960 % | £7,722 | £202,722 |
| 6 Month Average | 9.503 % | £18,530 | £213,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £92,344 | £90,000 | 2 TUNSTALL WAY |
| 11 Aug 2023 | £244,408 | £240,000 | 48 HAZEL DRIVE |
| 9 Aug 2023 | £290,235 | £285,000 | 6 RAMSEY AVENUE |
| 4 Aug 2023 | £356,429 | £350,000 | 202 HUNLOKE AVENUE |
| 4 Apr 2023 | £486,601 | £477,500 | 26 HAZEL DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Aug 2019. Using an estimated price of £240,927 means this house is valued at £3,300 per sq meter (£306 per sq foot).
The average size of a house on KINGSMEDE AVENUE is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ramsey Avenue |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Walton Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walton Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walton Crescent |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Davian Way |