£387,029
This estimated value is based upon the latest sale price for the house of £375,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 4 Mar 2022 |
| £190,000 | 6 Jul 2015 |
| £68,995 | 26 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 March 2022 the House Price Index for DERBYSHIRE was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £375,000 results in an estimated price of approximately £387,029.
| 4 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £375,000 | £12,029 | £387,029 |
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 | -26.155 % | £-98,081 | £276,918 |
| 3 Month Average | -14.527 % | £-54,475 | £320,524 |
| 6 Month Average | -0.009 % | £-34 | £374,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £402,447 | £400,000 | 6 REDGROVE WAY |
| 11 Jul 2023 | £319,018 | £316,000 | 10 CAERNARVON CLOSE |
| 8 Jun 2022 | £281,281 | £278,430 | 2 DEBEN CLOSE |
| 5 May 2022 | £456,790 | £450,000 | 18 STRADBROKE RISE |
| 25 Apr 2022 | £402,051 | £392,000 | 12 REDGROVE WAY |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Feb 2015. Using an estimated price of £387,029 means this house is valued at £4,253 per sq meter (£395 per sq foot).
The average size of a house on LAKE VIEW AVENUE is 124 sq meters (1,340 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Pembroke Close | |
| Apr 2024 | Anti-social behaviour | On or near Pembroke Close | |
| Apr 2024 | Burglary | Under investigation | On or near Redgrove Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amber Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Amber Crescent |