£479,161
This estimated value is based upon the latest sale price for the house of £475,000 on 16 Dec 2022. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £475,000 | 16 Dec 2022 |
| Detached |
| Freehold |
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 December 2022 the House Price Index for DERBYSHIRE was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £475,000 results in an estimated price of approximately £479,161.
| 16 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £475,000 | £4,161 | £479,161 |
The Postcode Pricing Model uses changes in average sales price within the S45 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 | -16.312 % | £-77,480 | £397,519 |
| 3 Month Average | -8.486 % | £-40,310 | £434,689 |
| 6 Month Average | -25.358 % | £-120,451 | £354,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £469,209 | £462,000 | BEECHFIELD HOUSE MILKEN LANE |
| 3 Nov 2023 | £225,730 | £220,000 | 11 ALTON LANE |
| 15 Sep 2023 | £536,834 | £525,000 | BRIAR COTTAGE |
| 28 Apr 2023 | £501,378 | £492,000 | NETTLE COTTAGE HOCKLEY LANE |
| 2 Mar 2023 | £279,671 | £275,000 | 3 MILL COTTAGE PRESS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Milken Lane |
| Oct 2024 | Anti-social behaviour | On or near Newmarket Lane | |
| Oct 2024 | Anti-social behaviour | On or near Newmarket Lane | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Newmarket Lane |
| Aug 2024 | Anti-social behaviour | On or near Newmarket Lane |