£273,770
This estimated value is based upon the latest sale price for the house of £220,000 on 18 Feb 2019. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 18 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 February 2019 the House Price Index for DERBYSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £220,000 results in an estimated price of approximately £273,770.
| 18 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £220,000 | £53,770 | £273,770 |
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 | 34.524 % | £75,952 | £295,952 |
| 3 Month Average | 29.564 % | £65,040 | £285,040 |
| 6 Month Average | 22.989 % | £50,576 | £270,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £206,340 | £200,000 | 56 NOTTINGHAM ROAD |
| 26 Jun 2023 | £352,055 | £345,000 | 40 SPENCER ROAD |
| 3 Mar 2023 | £254,246 | £250,000 | 86 NOTTINGHAM ROAD |
| 24 Feb 2023 | £453,026 | £450,000 | 38 SPENCER ROAD |
| 10 Feb 2023 | £506,383 | £503,000 | 52 SPENCER ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 12 Jul 2018. Using an estimated price of £273,771 means this house is valued at £2,172 per sq meter (£201 per sq foot).
The average size of a house on SPENCER ROAD is 112 sq meters (1,211 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spencer Avenue |
| Jul 2024 | Public order | Under investigation | On or near Spencer Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bradley Drive |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Marsh Lane |
| Jun 2024 | Anti-social behaviour | On or near Marsh Lane |