£223,153
This estimated value is based upon the latest sale price for the house of £220,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £220,000 | 24 Jun 2022 |
| £156,000 | 30 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,090 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 2022 the House Price Index for CITY OF DERBY was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £220,000 results in an estimated price of approximately £223,153.
| 24 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £220,000 | £3,153 | £223,153 |
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 | -2.383 % | £-5,241 | £214,758 |
| 3 Month Average | 16.189 % | £35,615 | £255,615 |
| 6 Month Average | 17.049 % | £37,507 | £257,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £272,383 | £270,000 | 21 CASPIAN DRIVE |
| 5 Jun 2023 | £333,034 | £329,000 | 35 PERSIAN CLOSE |
| 31 Mar 2023 | £146,934 | £145,550 | 2 CASPIAN DRIVE |
| 17 Feb 2023 | £114,923 | £115,000 | 41 PANAMA CIRCLE |
| 18 Nov 2022 | £108,684 | £110,000 | 80 PANAMA CIRCLE |
This house has a floor area of 101 sq meters or 1,090 sq feet when measured on 6 Jun 2011. Using an estimated price of £223,154 means this house is valued at £2,201 per sq meter (£204 per sq foot).
The average size of a house on CASPIAN DRIVE is 108 sq meters (1,168 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Caspian Drive |
| Feb 2024 | Anti-social behaviour | On or near Persian Close | |
| Feb 2024 | Anti-social behaviour | On or near Persian Close | |
| Feb 2024 | Anti-social behaviour | On or near Persian Close | |
| Feb 2024 | Anti-social behaviour | On or near Persian Close |