£156,499
This estimated value is based upon the latest sale price for the house of £145,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 17 Dec 2021 |
| £140,000 | 10 Jan 2020 |
| £49,950 | 28 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2021 the House Price Index for DERBYSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £145,000 results in an estimated price of approximately £156,499.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £145,000 | £11,499 | £156,499 |
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 | 13.338 % | £19,339 | £164,339 |
| 3 Month Average | 15.021 % | £21,780 | £166,780 |
| 6 Month Average | 9.018 % | £13,076 | £158,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £151,325 | £149,000 | 16 BIRCH CLOSE |
| 20 Nov 2023 | £154,933 | £151,000 | 19 CEDAR AVENUE |
| 20 Oct 2023 | £140,184 | £137,000 | 47 BEECH AVENUE |
| 15 Sep 2023 | £153,381 | £150,000 | 17 BEECH AVENUE |
| 4 Sep 2023 | £150,825 | £147,500 | 137 BEECH AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 8 Jul 2019. Using an estimated price of £156,500 means this house is valued at £1,956 per sq meter (£181 per sq foot).
The average size of a house on BEECH AVENUE is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Avenue |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Beech Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Avenue |
| Oct 2024 | Other theft | Under investigation | On or near Cedar Avenue |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Cedar Avenue |