£225,770
This estimated value is based upon the latest sale price for the house of £222,000 on 6 Mar 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 |
---|---|
£222,000 | 6 Mar 2023 |
£164,950 | 30 Jun 2016 |
£160,000 | 25 Mar 2011 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 962 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 2023 the House Price Index for CITY OF DERBY was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £222,000 results in an estimated price of approximately £225,770.
6 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £222,000 | £3,770 | £225,770 |
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 | -18.103 % | £-40,189 | £181,810 |
3 Month Average | -5.499 % | £-12,208 | £209,791 |
6 Month Average | 0.204 % | £452 | £222,452 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £170,231 | £165,000 | 85 PACIFIC WAY |
19 Dec 2023 | £100,075 | £97,000 | 2 PACIFIC WAY |
11 Sep 2023 | £112,480 | £110,000 | 8 JAVA COURT |
21 Aug 2023 | £249,500 | £245,000 | 25 PACIFIC WAY |
17 Aug 2023 | £229,133 | £225,000 | 14 CHANNEL CRESCENT |
This house has a floor area of 89 sq meters or 962 sq feet when measured on 16 Mar 2011. Using an estimated price of £225,770 means this house is valued at £2,524 per sq meter (£234 per sq foot).
The average size of a house on PACIFIC WAY is 76 sq meters (822 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Under investigation | On or near Timor Court |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Java Court |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Java Court |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Java Court |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Java Court |