£282,985
This estimated value is based upon the latest sale price for the house of £185,500 on 14 Aug 2014. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£185,500 | 14 Aug 2014 |
£160,000 | 26 Nov 2009 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,115 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 August 2014 the House Price Index for CITY OF DERBY was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £185,500 results in an estimated price of approximately £282,985.
14 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £185,500 | £97,485 | £282,985 |
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 | 15.441 % | £28,642 | £214,142 |
3 Month Average | 42.101 % | £78,097 | £263,597 |
6 Month Average | 55.170 % | £102,340 | £287,840 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £112,556 | £110,000 | 71 PANAMA CIRCLE |
10 Aug 2023 | £274,959 | £270,000 | 21 CASPIAN DRIVE |
30 Jun 2023 | £255,112 | £250,000 | 3 PANAMA CIRCLE |
5 Jun 2023 | £335,728 | £329,000 | 35 PERSIAN CLOSE |
11 Apr 2023 | £175,278 | £172,000 | 29 PANAMA CIRCLE |
This house has a floor area of 103 sq meters or 1,115 sq feet when measured on 15 Oct 2009. Using an estimated price of £282,985 means this house is valued at £2,731 per sq meter (£253 per sq foot).
The average size of a house on PERSIAN CLOSE is 134 sq meters (1,447 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 | Vehicle crime | Investigation complete; no suspect identified | On or near Persian Close |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Persian Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caspian Drive |