£397,872
This estimated value is based upon the latest sale price for the house of £87,000 on 28 Jan 1999. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £87,000 | 28 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 January 1999 the House Price Index for CITY OF DERBY was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £87,000 results in an estimated price of approximately £397,872.
| 28 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £87,000 | £310,872 | £397,872 |
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 | 290.141 % | £252,423 | £339,423 |
| 3 Month Average | 252.259 % | £219,465 | £306,465 |
| 6 Month Average | 287.663 % | £250,266 | £337,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £300,833 | £294,000 | 9 CAUSEWAY |
| 24 Oct 2023 | £258,880 | £253,000 | 89 FERRERS WAY |
| 27 Sep 2023 | £245,410 | £240,000 | 15 CAUSEWAY |
| 14 Mar 2023 | £332,554 | £327,000 | 7 CAUSEWAY |
| 8 Mar 2023 | £353,402 | £347,500 | 7 ALSTONFIELD DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Nov 2018. Using an estimated price of £397,872 means this house is valued at £4,852 per sq meter (£450 per sq foot).
The average size of a house on FERRERS WAY is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Midway |
| Jul 2024 | Public order | Under investigation | On or near Parking Area |
| May 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Jul 2024 | Public order | Under investigation | On or near Shopping Area |