£292,952
This estimated value is based upon the latest sale price for the house of £185,000 on 14 Feb 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 |
|---|---|
| £185,000 | 14 Feb 2014 |
| £175,000 | 4 Sep 2009 |
| £140,000 | 17 Apr 2003 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,186 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 February 2014 the House Price Index for CITY OF DERBY was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £185,000 results in an estimated price of approximately £292,952.
| 14 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £185,000 | £107,952 | £292,952 |
The Postcode Pricing Model uses changes in average sales price within the DE22 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 | 44.450 % | £82,232 | £267,232 |
| 3 Month Average | 31.133 % | £57,596 | £242,596 |
| 6 Month Average | 17.470 % | £32,319 | £217,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £319,734 | £315,000 | 4 GREENWICH DRIVE NORTH |
| 20 Jun 2023 | £278,372 | £275,000 | 84 ENFIELD ROAD |
| 12 Apr 2023 | £212,286 | £210,000 | 11 HENDON WAY |
| 6 Jan 2023 | £223,945 | £225,000 | 12 GREENWICH DRIVE NORTH |
| 19 Jan 2022 | £169,438 | £161,000 | 36 WESTLEIGH AVENUE |
This house has a floor area of 110 sq meters or 1,186 sq feet when measured on 17 Jun 2009. Using an estimated price of £292,952 means this house is valued at £2,658 per sq meter (£246 per sq foot).
The average size of a house on GREENWICH DRIVE NORTH is 106 sq meters (1,150 sq feet).