£297,903
This estimated value is based upon the latest sale price for the house of £219,950 on 27 Apr 2016. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£219,950 | 27 Apr 2016 |
£165,000 | 29 Jul 2011 |
Terraced |
Freehold |
Floor Area: 121 sq meters or 1,308 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 April 2016 the House Price Index for CITY OF DERBY was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £219,950 results in an estimated price of approximately £297,903.
27 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £219,950 | £77,953 | £297,903 |
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 | 4.001 % | £8,799 | £228,749 |
3 Month Average | 45.848 % | £100,843 | £320,793 |
6 Month Average | 47.546 % | £104,577 | £324,527 |
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 |
30 Jun 2023 | £253,065 | £250,000 | 3 PANAMA CIRCLE |
11 Apr 2023 | £173,872 | £172,000 | 29 PANAMA CIRCLE |
17 Feb 2023 | £114,923 | £115,000 | 41 PANAMA CIRCLE |
This house has a floor area of 121 sq meters or 1,308 sq feet when measured on 21 Jul 2011. Using an estimated price of £297,904 means this house is valued at £2,451 per sq meter (£227 per sq foot).
The average size of a house on PANAMA CIRCLE is 74 sq meters (802 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Panama Circle |
Apr 2024 | Anti-social behaviour | On or near Panama Circle | |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Panama Circle |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Panama Circle |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Caspian Drive |