£401,715
This estimated value is based upon the latest sale price for the house of £325,000 on 18 Sep 2019. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 18 Sep 2019 |
| £78,000 | 12 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £325,000 results in an estimated price of approximately £401,715.
| 18 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £325,000 | £76,715 | £401,715 |
The Postcode Pricing Model uses changes in average sales price within the S18 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 | -10.886 % | £-35,380 | £289,619 |
| 3 Month Average | 14.135 % | £45,938 | £370,938 |
| 6 Month Average | 13.425 % | £43,629 | £368,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £366,254 | £355,000 | 51A STUBLEY LANE |
| 4 Aug 2023 | £195,527 | £192,000 | 15 SUMMERWOOD PLACE |
| 5 Jun 2023 | £255,112 | £250,000 | PLOT 3, 2 - 4 SUMMERWOOD LANE |
| 22 Mar 2023 | £305,095 | £300,000 | PLOT 1, 2 - 4 SUMMERWOOD LANE |
| 2 Feb 2023 | £473,161 | £470,000 | 4 ORCHARD MEWS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 21 Mar 2018. Using an estimated price of £401,715 means this house is valued at £5,285 per sq meter (£491 per sq foot).
The average size of a house on STUBLEY LANE is 112 sq meters (1,214 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stubley Place |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stubley Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stubley Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stubley Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stubley Lane |