£198,690
This estimated value is based upon the latest sale price for the house of £150,000 on 31 Oct 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 |
---|---|
£150,000 | 31 Oct 2016 |
£168,500 | 30 Jun 2006 |
Flats/Maisonettes |
Freehold |
Floor Area: 30 sq meters or 322 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 October 2016 the House Price Index for CITY OF DERBY was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £150,000 results in an estimated price of approximately £198,690.
31 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £150,000 | £48,690 | £198,690 |
The Postcode Pricing Model uses changes in average sales price within the DE1 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 | -38.636 % | £-57,954 | £92,045 |
3 Month Average | -18.194 % | £-27,291 | £122,708 |
6 Month Average | 22.396 % | £33,594 | £183,594 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £416,161 | £410,000 | 146 BURTON ROAD |
4 Apr 2023 | £303,265 | £300,000 | 81 BURTON ROAD |
26 Jan 2023 | £258,781 | £260,000 | 140 BURTON ROAD |
29 Jul 2022 | £210,567 | £210,000 | 200 BURTON ROAD |
22 Jul 2022 | £118,318 | £118,000 | 4 LOWER ELEY STREET |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 20 Apr 2012. Using an estimated price of £198,691 means this house is valued at £6,623 per sq meter (£615 per sq foot).
The average size of a house on BURTON ROAD is 101 sq meters (1,091 sq feet).