£89,414
This estimated value is based upon the latest sale price for the house of £52,500 on 6 Aug 2012. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £52,500 | 6 Aug 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 August 2012 the House Price Index for CITY OF DERBY was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £52,500 results in an estimated price of approximately £89,414.
| 6 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £52,500 | £36,914 | £89,414 |
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 | -9.927 % | £-5,211 | £47,288 |
| 3 Month Average | 18.812 % | £9,876 | £62,376 |
| 6 Month Average | 70.978 % | £37,263 | £89,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £398,757 | £395,000 | 45 - 46 SADLER GATE |
| 30 Mar 2023 | £656,182 | £650,000 | 17 IRON GATE |
| 9 Mar 2023 | £63,599 | £63,000 | FLAT 5 15 - 16 MARKET PLACE |
| 24 Jan 2023 | £139,344 | £140,000 | 32 - 33 SADLER GATE |
| 4 Nov 2022 | £2,074,867 | £2,100,000 | UNIT 1-3 ST MICHAELS COURT |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 3 Jan 2019. Using an estimated price of £89,414 means this house is valued at £2,292 per sq meter (£212 per sq foot).
The average size of a house on QUEEN STREET is 50 sq meters (541 sq feet).