£98,296
This estimated value is based upon the latest sale price for the house of £42,000 on 18 Jul 2003. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £42,000 | 18 Jul 2003 |
| £17,000 | 14 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 July 2003 the House Price Index for CITY OF DERBY was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £42,000 results in an estimated price of approximately £98,296.
| 18 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 149.7 | 134.040 % | £42,000 | £56,296 | £98,296 |
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 | 121.891 % | £51,194 | £93,194 |
| 3 Month Average | 164.546 % | £69,109 | £111,109 |
| 6 Month Average | 157.921 % | £66,326 | £108,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £314,669 | £305,000 | 122 OSMASTON ROAD |
| 27 Nov 2023 | £53,354 | £52,000 | FLAT 18 LAMBE COURT MORLESTON STREET |
| 14 Aug 2023 | £330,969 | £325,000 | 118 OSMASTON ROAD |
| 11 Aug 2023 | £356,429 | £350,000 | 38 HARTINGTON STREET |
| 11 Jan 2023 | £250,670 | £250,000 | 115 LONDON ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 1 Aug 2019. Using an estimated price of £98,297 means this house is valued at £1,927 per sq meter (£179 per sq foot).
The average size of a house on MORLESTON STREET is 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Morleston Street |
| Oct 2024 | Drugs | Local resolution | On or near Morleston Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Morleston Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morleston Street |
| Oct 2024 | Drugs | Under investigation | On or near Morleston Street |