£235,931
This estimated value is based upon the latest sale price for the house of £182,000 on 22 May 2017. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £182,000 | 22 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 May 2017 the House Price Index for DERBYSHIRE was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £182,000 results in an estimated price of approximately £235,931.
| 22 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £182,000 | £53,931 | £235,931 |
The Postcode Pricing Model uses changes in average sales price within the DE55 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 | 9.112 % | £16,583 | £198,583 |
| 3 Month Average | 29.335 % | £53,388 | £235,388 |
| 6 Month Average | 37.327 % | £67,935 | £249,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £199,532 | £195,000 | 96 HIGH STREET |
| 8 Mar 2023 | £152,548 | £150,000 | 1 CENTRAL ROAD |
| 6 Jan 2023 | £220,589 | £220,000 | 2 CRESSY ROAD |
| 17 Aug 2022 | £180,846 | £180,000 | 33 LIMES AVENUE |
| 8 Apr 2022 | £129,678 | £125,000 | 34 CHARLES STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 23 Feb 2017. Using an estimated price of £235,932 means this house is valued at £2,204 per sq meter (£204 per sq foot).
The average size of a house on LIMES AVENUE is 129 sq meters (1,389 sq feet).