£346,003
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Dec 2015. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £250,000 | 22 Dec 2015 |
| £185,000 | 3 Sep 2012 |
| £220,000 | 15 Nov 2010 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,251 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF DERBY to estimate the market value.
When this house was purchased in December 2015 the House Price Index for CITY OF DERBY was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £250,000 results in an estimated price of approximately £346,003.
| 22 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £250,000 | £96,003 | £346,003 |
The Postcode Pricing Model uses changes in average sales price within the DE22 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 | -18.825 % | £-47,061 | £202,938 |
| 3 Month Average | 2.053 % | £5,133 | £255,133 |
| 6 Month Average | 7.681 % | £19,201 | £269,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £243,108 | £240,000 | 15 CAUSEWAY |
| 10 Jul 2023 | £309,161 | £305,000 | 23 CAUSEWAY |
| 14 Mar 2023 | £330,110 | £327,000 | 7 CAUSEWAY |
| 8 Mar 2023 | £350,805 | £347,500 | 7 ALSTONFIELD DRIVE |
| 6 Sep 2022 | £282,717 | £285,000 | 19 CAUSEWAY |
This house has a floor area of 116 sq meters or 1,251 sq feet when measured on 30 Aug 2010. Using an estimated price of £346,003 means this house is valued at £2,975 per sq meter (£276 per sq foot).
The average size of a house on FERRERS WAY is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Midway |
| Mar 2024 | Anti-social behaviour | On or near Whiteway | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Mar 2024 | Public order | Under investigation | On or near Shopping Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Norbury Close |