£91,650
This estimated value is based upon the latest sale price for the house of £75,000 on 25 Sep 2019. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 25 Sep 2019 |
| £70,500 | 5 Nov 2018 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 September 2019 the House Price Index for DERBYSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £75,000 results in an estimated price of approximately £91,650.
| 25 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £75,000 | £16,650 | £91,650 |
The Postcode Pricing Model uses changes in average sales price within the DE55 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 | 27.553 % | £20,664 | £95,664 |
| 3 Month Average | 33.580 % | £25,185 | £100,185 |
| 6 Month Average | 14.907 % | £11,180 | £86,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £107,025 | £105,000 | 32 PARKIN STREET |
| 17 Nov 2023 | £130,678 | £129,000 | 2A PARKIN STREET |
| 8 Aug 2022 | £135,584 | £136,500 | 25 PARKIN STREET |
| 30 Jun 2022 | £121,229 | £120,000 | 24 PARKIN STREET |
| 24 Jun 2022 | £106,025 | £104,950 | 23 PARKIN STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 1 Mar 2018. Using an estimated price of £91,651 means this house is valued at £1,309 per sq meter (£121 per sq foot).
The average size of a house on MOREWOOD DRIVE is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Morewood Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Morewood Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Morewood Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Morewood Drive |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Meadow Lane |