£283,331
This estimated value is based upon the latest sale price for the house of £180,000 on 28 Mar 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 |
|---|---|
| £180,000 | 28 Mar 2014 |
| £269,995 | 14 Jan 2011 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,735 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 March 2014 the House Price Index for CITY OF DERBY was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £180,000 results in an estimated price of approximately £283,331.
| 28 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £180,000 | £103,331 | £283,331 |
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 | 37.916 % | £68,248 | £248,248 |
| 3 Month Average | 48.156 % | £86,681 | £266,681 |
| 6 Month Average | 52.204 % | £93,967 | £273,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £119,275 | £117,750 | 61 PANAMA CIRCLE |
| 10 Aug 2023 | £272,383 | £270,000 | 21 CASPIAN DRIVE |
| 30 Jun 2023 | £253,065 | £250,000 | 3 PANAMA CIRCLE |
| 5 Jun 2023 | £333,034 | £329,000 | 35 PERSIAN CLOSE |
| 11 Apr 2023 | £173,872 | £172,000 | 29 PANAMA CIRCLE |
This house has a floor area of 161 sq meters or 1,735 sq feet when measured on 22 Oct 2010. Using an estimated price of £283,331 means this house is valued at £1,757 per sq meter (£163 per sq foot).
The average size of a house on PERSIAN CLOSE is 134 sq meters (1,447 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Persian Close | |
| Feb 2024 | Anti-social behaviour | On or near Persian Close | |
| Feb 2024 | Anti-social behaviour | On or near Persian Close | |
| Feb 2024 | Anti-social behaviour | On or near Persian Close | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Persian Close |