£424,447
This estimated value is based upon the latest sale price for the house of £247,495 on 26 Nov 2010. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £247,495 | 26 Nov 2010 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,685 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 November 2010 the House Price Index for CITY OF DERBY was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £247,495 results in an estimated price of approximately £424,447.
| 26 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £247,495 | £176,952 | £424,447 |
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 | 59.656 % | £147,645 | £395,140 |
| 3 Month Average | 71.255 % | £176,352 | £423,847 |
| 6 Month Average | 70.395 % | £174,223 | £421,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £119,275 | £117,750 | 61 PANAMA CIRCLE |
| 25 Aug 2023 | £251,198 | £249,000 | 11 PANAMA CIRCLE |
| 10 Aug 2023 | £272,383 | £270,000 | 21 CASPIAN DRIVE |
| 30 Jun 2023 | £253,065 | £250,000 | 3 PANAMA CIRCLE |
| 11 Apr 2023 | £173,872 | £172,000 | 29 PANAMA CIRCLE |
This house has a floor area of 156 sq meters or 1,685 sq feet when measured on 28 May 2010. Using an estimated price of £424,447 means this house is valued at £2,710 per sq meter (£251 per sq foot).
The average size of a house on BALTIC CLOSE is 166 sq meters (1,796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Baltic Close |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Baltic Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Baltic Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Baltic Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Caspian Drive |