£269,949
This estimated value is based upon the latest sale price for the house of £215,000 on 24 Nov 2017. 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 Wellspring Close
More crime details
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| Price Paid | Date |
|---|---|
| £215,000 | 24 Nov 2017 |
| Semi-Detached |
| Freehold |
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 2017 the House Price Index for DERBYSHIRE was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £215,000 results in an estimated price of approximately £269,949.
| 24 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £215,000 | £54,949 | £269,949 |
The Postcode Pricing Model uses changes in average sales price within the S42 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 | -10.969 % | £-23,584 | £191,415 |
| 3 Month Average | 22.377 % | £48,111 | £263,111 |
| 6 Month Average | 17.988 % | £38,673 | £253,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £112,121 | £110,000 | 14 WELLSPRING CLOSE |
| 10 Nov 2023 | £382,916 | £378,000 | 748 DERBY ROAD |
| 18 Aug 2023 | £176,071 | £175,000 | 43 MEADOWSIDE CLOSE |
| 4 Aug 2023 | £181,101 | £180,000 | 49 MEADOWSIDE CLOSE |
| 27 Jul 2023 | £174,147 | £172,500 | 38 MEADOWSIDE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Wellspring Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellspring Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellspring Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathfield Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heathfield Close |