£111,049
This estimated value is based upon the latest sale price for the house of £65,000 on 28 Jan 2011. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
There has been one burglary within the last year on or near Spinney Road
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Price Paid | Date |
---|---|
£65,000 | 28 Jan 2011 |
£45,000 | 22 Nov 2002 |
£34,000 | 28 Nov 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 2011 the House Price Index for CITY OF DERBY was 86.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.846%.Applying this 70.846% change to the original purchase price of £65,000 results in an estimated price of approximately £111,049.
28 Jan 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.0 | 70.846 % | £65,000 | £46,049 | £111,049 |
The Postcode Pricing Model uses changes in average sales price within the DE23 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 | 51.219 % | £33,292 | £98,292 |
3 Month Average | 44.944 % | £29,213 | £94,213 |
6 Month Average | 45.065 % | £29,292 | £94,292 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £489,256 | £480,000 | 311 BURTON ROAD |
24 Jul 2023 | £153,452 | £152,000 | FLAT 9 THE ORCHARDS, 317 BURTON ROAD |
1 Apr 2022 | £130,769 | £127,500 | FLAT 19 THE ORCHARDS, 317 BURTON ROAD |
25 Jan 2022 | £127,875 | £122,000 | 7 SPINNEY ROAD |
20 Dec 2021 | £150,454 | £141,000 | 84 BRAMFIELD AVENUE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 21 Feb 2018. Using an estimated price of £111,050 means this house is valued at £2,644 per sq meter (£245 per sq foot).
The average size of a house on BURTON ROAD is 147 sq meters (1,589 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Spinney Road |
Apr 2024 | Burglary | Under investigation | On or near Spinney Road |
Feb 2024 | Anti-social behaviour | On or near Spinney Road | |
Feb 2024 | Anti-social behaviour | On or near Spinney Road | |
Feb 2024 | Anti-social behaviour | On or near Spinney Road |