£248,426
This estimated value is based upon the latest sale price for the house of £159,500 on 30 May 2014. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,500 | 30 May 2014 |
| 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 May 2014 the House Price Index for DERBYSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £159,500 results in an estimated price of approximately £248,426.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £159,500 | £88,926 | £248,426 |
The Postcode Pricing Model uses changes in average sales price within the NG20 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 | 56.325 % | £89,837 | £249,337 |
| 3 Month Average | 66.057 % | £105,360 | £264,860 |
| 6 Month Average | 64.237 % | £102,457 | £261,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £164,167 | £160,000 | 3 ELMTON CLOSE |
| 30 Jun 2023 | £153,067 | £150,000 | 43 MODEL LANE |
| 29 Mar 2023 | £325,435 | £320,000 | 22 ELMTON CLOSE |
| 17 Nov 2022 | £184,139 | £185,000 | 36 MODEL LANE |
| 21 Jul 2022 | £161,619 | £160,000 | 34 MOORFIELD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Mag Lane | |
| Jul 2024 | Anti-social behaviour | On or near Mag Lane | |
| Jul 2024 | Anti-social behaviour | On or near Mag Lane | |
| Jul 2024 | Anti-social behaviour | On or near Mag Lane | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whaley Road |