£109,940
This estimated value is based upon the latest sale price for the house of £71,000 on 20 Jun 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 |
|---|---|
| £71,000 | 20 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2014 the House Price Index for CITY OF DERBY was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £71,000 results in an estimated price of approximately £109,940.
| 20 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £71,000 | £38,940 | £109,940 |
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 | 32.717 % | £23,229 | £94,229 |
| 3 Month Average | 44.811 % | £31,816 | £102,816 |
| 6 Month Average | 53.657 % | £38,096 | £109,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £167,575 | £165,000 | 626 HARVEY ROAD |
| 13 Sep 2023 | £157,471 | £154,000 | 40 FREDERICK AVENUE |
| 26 Jun 2023 | £162,252 | £159,000 | 2 EXCELSIOR AVENUE |
| 6 Sep 2022 | £139,907 | £140,000 | 24 EXCELSIOR AVENUE |
| 26 Aug 2022 | £135,634 | £135,000 | 27 FREDERICK AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 11 Jun 2021. Using an estimated price of £109,940 means this house is valued at £1,324 per sq meter (£123 per sq foot).
The average size of a house on HARVEY ROAD is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Terry Place |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Jefferson Place |