£124,518
This estimated value is based upon the latest sale price for the house of £76,950 on 20 Apr 2007. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £76,950 | 20 Apr 2007 |
| £69,000 | 14 Dec 2005 |
| £66,500 | 21 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 30 sq meters or 323 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 April 2007 the House Price Index for CITY OF DERBY was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £76,950 results in an estimated price of approximately £124,518.
| 20 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £76,950 | £47,568 | £124,518 |
The Postcode Pricing Model uses changes in average sales price within the DE24 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 | 46.973 % | £36,145 | £113,095 |
| 3 Month Average | 60.467 % | £46,529 | £123,479 |
| 6 Month Average | 58.093 % | £44,702 | £121,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £252,767 | £245,000 | 8 FRANKLYN DRIVE |
| 17 Nov 2023 | £189,818 | £185,000 | 15 LILAC CLOSE |
| 21 Sep 2023 | £204,508 | £200,000 | 68 BOULTON LANE |
| 7 Aug 2023 | £218,949 | £215,000 | 4 LILAC CLOSE |
| 6 Apr 2023 | £224,193 | £220,000 | 16 BOULTON DRIVE |
This house has a floor area of 30 sq meters or 323 sq feet when measured on 5 Jun 2009. Using an estimated price of £124,519 means this house is valued at £4,145 per sq meter (£385 per sq foot).
The average size of a house on BOULTON LANE is 85 sq meters (915 sq feet).
This house is the smallest in the street with a floor area of 30 sq meters (323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Franklyn Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Longshaw Gardens |