£105,871
This estimated value is based upon the latest sale price for the house of £93,000 on 28 May 2021. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£93,000 | 28 May 2021 |
£103,000 | 7 Apr 2017 |
£89,000 | 4 Mar 2011 |
£70,000 | 16 Dec 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 May 2021 the House Price Index for CITY OF DERBY was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £93,000 results in an estimated price of approximately £105,871.
28 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.5 | 149.7 | 13.840 % | £93,000 | £12,871 | £105,871 |
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 | -6.374 % | £-5,928 | £87,071 |
3 Month Average | 0.951 % | £884 | £93,884 |
6 Month Average | 16.948 % | £15,761 | £108,761 |
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 65 sq meters or 699 sq feet when measured on 21 Aug 2020. Using an estimated price of £105,871 means this house is valued at £1,628 per sq meter (£151 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 |