£193,976
This estimated value is based upon the latest sale price for the house of £159,000 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,000 | 5 Jun 2020 |
| Semi-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 June 2020 the House Price Index for DERBYSHIRE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £159,000 results in an estimated price of approximately £193,976.
| 5 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £159,000 | £34,976 | £193,976 |
The Postcode Pricing Model uses changes in average sales price within the S40 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 | 25.436 % | £40,443 | £199,443 |
| 3 Month Average | 9.739 % | £15,484 | £174,484 |
| 6 Month Average | 15.236 % | £24,225 | £183,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2024 | £335,000 | £335,000 | 1 LEYBURN CLOSE |
| 6 Oct 2023 | £598,595 | £585,000 | 12 LEYBURN CLOSE |
| 25 Aug 2023 | £283,106 | £278,000 | 4 CEDAR AVENUE |
| 1 Aug 2023 | £213,857 | £210,000 | 11 LARCH WAY |
| 30 Jan 2023 | £260,697 | £260,000 | 27 LARCH WAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 18 Nov 2019. Using an estimated price of £193,977 means this house is valued at £2,552 per sq meter (£237 per sq foot).
The average size of a house on NEWBOLD BACK LANE is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Brent Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Brent Close |
| Sep 2024 | Other theft | Under investigation | On or near Brent Close |
| Sep 2024 | Other theft | Under investigation | On or near Brent Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Webster Court |