£232,282
This estimated value is based upon the latest sale price for the house of £175,000 on 10 Nov 2016. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £175,000 | 10 Nov 2016 |
| £106,250 | 15 Sep 2003 |
| £37,000 | 14 Sep 1999 |
| Detached |
| Freehold |
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 November 2016 the House Price Index for CITY OF DERBY was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £175,000 results in an estimated price of approximately £232,282.
| 10 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £175,000 | £57,282 | £232,282 |
The Postcode Pricing Model uses changes in average sales price within the DE23 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 | 75.029 % | £131,300 | £306,300 |
| 3 Month Average | 60.736 % | £106,287 | £281,287 |
| 6 Month Average | 37.190 % | £65,081 | £240,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £269,867 | £265,000 | 7 WELLESLEY AVENUE |
| 17 Aug 2023 | £198,582 | £195,000 | 8 BROOKFIELD AVENUE |
| 7 Jun 2023 | £208,172 | £204,000 | 9 GURNEY AVENUE |
| 31 Mar 2023 | £218,652 | £215,000 | 22 CHESTERTON AVENUE |
| 3 Mar 2023 | £203,397 | £200,000 | 5 NEVINSON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Wellesley Avenue |
| Sep 2024 | Anti-social behaviour | On or near Wellesley Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Wellesley Avenue | |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wellesley Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellesley Avenue |