£517,046
This estimated value is based upon the latest sale price for the house of £110,000 on 28 Aug 1998. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 28 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 August 1998 the House Price Index for DERBYSHIRE was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.042%.Applying this 370.042% change to the original purchase price of £110,000 results in an estimated price of approximately £517,046.
| 28 Aug 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.042 % | £110,000 | £407,046 | £517,046 |
The Postcode Pricing Model uses changes in average sales price within the DE56 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 | 315.970 % | £347,567 | £457,567 |
| 3 Month Average | 324.262 % | £356,688 | £466,688 |
| 6 Month Average | 352.579 % | £387,836 | £497,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £578,894 | £570,000 | 335 OVER LANE |
| 15 Dec 2023 | £273,401 | £265,000 | 14 SCOTT DRIVE |
| 24 Feb 2023 | £385,072 | £382,500 | 4 COOK CLOSE |
| 5 Aug 2022 | £361,691 | £360,000 | 15 COOK CLOSE |
| 2 Feb 2022 | £248,267 | £235,000 | 6 HILLARY CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 30 Aug 2017. Using an estimated price of £517,046 means this house is valued at £5,442 per sq meter (£505 per sq foot).
The average size of a house on MORLEY CLOSE is 149 sq meters (1,606 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Morley Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scott Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sherbourne Drive |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Sherbourne Drive |