£348,100
This estimated value is based upon the latest sale price for the house of £203,000 on 18 Jul 2012. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £203,000 | 18 Jul 2012 |
| £203,000 | 18 Jul 2012 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 July 2012 the House Price Index for DERBYSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £203,000 results in an estimated price of approximately £348,100.
| 18 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £203,000 | £145,100 | £348,100 |
The Postcode Pricing Model uses changes in average sales price within the DE56 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 | 61.254 % | £124,346 | £327,346 |
| 3 Month Average | 57.315 % | £116,350 | £319,350 |
| 6 Month Average | 69.726 % | £141,543 | £344,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Sep 2024 | £385,000 | £385,000 | 112 SPENCER ROAD |
| 1 Dec 2023 | £254,830 | £247,000 | 144 NOTTINGHAM ROAD |
| 17 Nov 2023 | £233,425 | £227,500 | 30 MARSH LANE |
| 6 Oct 2023 | £230,229 | £225,000 | 2 BRADLEY DRIVE |
| 31 Aug 2023 | £259,684 | £255,000 | 90 SPENCER ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 19 Apr 2012. Using an estimated price of £348,100 means this house is valued at £3,223 per sq meter (£299 per sq foot).
The average size of a house on SPENCER ROAD is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Marsh Lane Crescent |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Marsh Lane Crescent |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marsh Lane Crescent |
| Jul 2024 | Public order | Under investigation | On or near Spencer Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Derwent Court |