£94,554
This estimated value is based upon the latest sale price for the house of £95,000 on 20 Jan 2023. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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Price Paid | Date |
---|---|
£95,000 | 20 Jan 2023 |
£10,000 | 15 Jan 1996 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 sq feet |
This model uses changes in the Official Land Registry House Price Index for DERBYSHIRE to estimate the market value.
When this house was purchased in January 2023 the House Price Index for DERBYSHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £95,000 results in an estimated price of approximately £94,554.
20 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £95,000 | £-445 | £94,554 |
The Postcode Pricing Model uses changes in average sales price within the S40 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 | -34.338 % | £-32,620 | £62,379 |
3 Month Average | -9.285 % | £-8,820 | £86,179 |
6 Month Average | -4.847 % | £-4,604 | £90,395 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £336,300 | £332,000 | 115 - 117 BADEN POWELL ROAD |
8 Sep 2023 | £86,101 | £85,000 | 13 ELTON STREET |
16 Jun 2023 | £349,230 | £345,000 | 110 PARK ROAD |
20 Jan 2023 | £94,555 | £95,000 | 86 PARK ROAD |
18 Aug 2022 | £124,664 | £125,000 | 121 BADEN POWELL ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 16 Jan 2020. Using an estimated price of £94,555 means this house is valued at £1,370 per sq meter (£127 per sq foot).
The average size of a house on PARK ROAD is 82 sq meters (887 sq feet).