£279,806
This estimated value is based upon the latest sale price for the house of £49,283 on 28 Feb 1996. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £49,283 | 28 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 1996 the House Price Index for DERBYSHIRE was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £49,283 results in an estimated price of approximately £279,806.
| 28 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.755 % | £49,283 | £230,523 | £279,806 |
The Postcode Pricing Model uses changes in average sales price within the DE24 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 | 393.892 % | £194,121 | £243,404 |
| 3 Month Average | 454.875 % | £224,175 | £273,458 |
| 6 Month Average | 422.300 % | £208,122 | £257,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Aug 2024 | £270,000 | £270,000 | 25 ROSEDALE AVENUE |
| 11 Dec 2023 | £252,767 | £245,000 | 8 FRANKLYN DRIVE |
| 27 Oct 2023 | £253,252 | £247,500 | 35 ROSEDALE AVENUE |
| 29 Sep 2023 | £235,184 | £230,000 | 31 BOULTON DRIVE |
| 21 Sep 2023 | £204,508 | £200,000 | 68 BOULTON LANE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 22 Apr 2013. Using an estimated price of £279,807 means this house is valued at £3,886 per sq meter (£361 per sq foot).
The average size of a house on BOULTON LANE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Franklyn Drive |