243, SOMERCOTES HILL, SOMERCOTES, ALFRETON, DE55 4HX - £70,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

243 SOMERCOTES HILL is a terraced house, which could now be worth an estimated £105,265. It was last sold for £70,000 in October 2017, which was around 41% below the average October 2017 terraced price in the Amber Valley local authority area.

243 SOMERCOTES HILL Sold Prices

Land registry data shows three sales for 243 SOMERCOTES HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. One of the three 243 SOMERCOTES HILL sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 2 OCT	£70,000	£117,664	41% below HPI
1999 20 MAY	£58,000	£33,852	71% above HPI
1998 2 JUN	£58,000	£31,456	84% above HPI

What might 243 SOMERCOTES HILL be worth now?

243 SOMERCOTES HILL might now be worth an estimated £105,265.

This is based on house price inflation of 50.4%, between October 2017 and May 2026, for terraced houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.4% inflationary increase is applied to the most recent sale price for 243 SOMERCOTES HILL of £70,000 on 2nd October 2017. For the value to have increased from £70,000 to £105,265 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 243 SOMERCOTES HILL has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The October 2017 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 243 SOMERCOTES HILL has not materially changed since October 2017.

Where is 243 SOMERCOTES HILL?

243 SOMERCOTES HILL is located in SOMERCOTES, in the DE55 postcode district.