£297,932
This estimated value is based upon the latest sale price for the house of £240,000 on 27 Nov 2018. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £240,000 | 27 Nov 2018 |
| £214,500 | 1 Apr 2011 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,437 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 2018 the House Price Index for CITY OF DERBY was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £240,000 results in an estimated price of approximately £297,932.
| 27 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £240,000 | £57,932 | £297,932 |
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 | 28.765 % | £69,036 | £309,036 |
| 3 Month Average | 18.675 % | £44,818 | £284,818 |
| 6 Month Average | 24.954 % | £59,888 | £299,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £112,556 | £110,000 | 71 PANAMA CIRCLE |
| 25 Sep 2023 | £120,404 | £117,750 | 61 PANAMA CIRCLE |
| 25 Aug 2023 | £253,573 | £249,000 | 11 PANAMA CIRCLE |
| 10 Aug 2023 | £274,959 | £270,000 | 21 CASPIAN DRIVE |
| 5 Jun 2023 | £335,728 | £329,000 | 35 PERSIAN CLOSE |
This house has a floor area of 133 sq meters or 1,437 sq feet when measured on 20 May 2010. Using an estimated price of £297,933 means this house is valued at £2,231 per sq meter (£207 per sq foot).
The average size of a house on CASPIAN DRIVE is 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Caspian Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caspian Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Persian Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Persian Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Persian Close |