£255,112
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£250,000 | 30 Jun 2023 |
£202,088 | 2 Feb 2016 |
£160,000 | 28 Jun 2012 |
Terraced |
Freehold |
Floor Area: 122 sq meters or 1,313 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 June 2023 the House Price Index for CITY OF DERBY was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £250,000 results in an estimated price of approximately £255,112.
30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £250,000 | £5,112 | £255,112 |
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 | -26.276 % | £-65,691 | £184,308 |
3 Month Average | -5.327 % | £-13,316 | £236,683 |
6 Month Average | 2.281 % | £5,701 | £255,701 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £113,487 | £110,000 | 14 OCEAN COURT |
27 Oct 2023 | £112,556 | £110,000 | 71 PANAMA CIRCLE |
25 Sep 2023 | £120,404 | £117,750 | 61 PANAMA CIRCLE |
25 Aug 2023 | £253,573 | £249,000 | 11 PANAMA CIRCLE |
30 Jun 2023 | £255,112 | £250,000 | 3 PANAMA CIRCLE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 19 Jun 2012. Using an estimated price of £255,112 means this house is valued at £2,091 per sq meter (£194 per sq foot).
The average size of a house on PANAMA CIRCLE is 74 sq meters (802 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Panama Circle |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Panama Circle |
Apr 2024 | Anti-social behaviour | On or near Panama Circle | |
Apr 2024 | Anti-social behaviour | On or near Panama Circle | |
Apr 2024 | Anti-social behaviour | On or near Panama Circle |