£294,469
This estimated value is based upon the latest sale price for the house of £286,995 on 27 Nov 2023. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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Price Paid | Date |
---|---|
£286,995 | 27 Nov 2023 |
£242,750 | 2 Mar 2018 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 2023 the House Price Index for DERBYSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £286,995 results in an estimated price of approximately £294,469.
27 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £286,995 | £7,474 | £294,469 |
The Postcode Pricing Model uses changes in average sales price within the DE11 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 | -9.394 % | £-26,958 | £260,036 |
3 Month Average | 7.111 % | £20,408 | £307,403 |
6 Month Average | -1.477 % | £-4,239 | £282,755 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £251,381 | £245,000 | 2 MARL WAY |
27 Nov 2023 | £294,470 | £286,995 | 6 MARL WAY |
20 Sep 2023 | £270,973 | £265,000 | 8 MARL WAY |
30 Nov 2022 | £228,930 | £230,000 | 5 QUARRYBANK LANE |
23 Nov 2022 | £878,731 | £882,840 | UNIT U ROBIAN WAY |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 10 Oct 2019. Using an estimated price of £294,470 means this house is valued at £2,831 per sq meter (£263 per sq foot).
The average size of a house on MARL WAY is 109 sq meters (1,178 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Quarry Bank Lane | |
May 2024 | Possession of weapons | Awaiting court outcome | On or near Quarry Bank Lane |
May 2024 | Burglary | Unable to prosecute suspect | On or near Cinder Avenue |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cobblestone Drive |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Patina Way |