£211,165
This estimated value is based upon the latest sale price for the house of £115,000 on 16 Jul 2009. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£115,000 | 16 Jul 2009 |
£43,000 | 3 Jul 2000 |
£32,000 | 20 Oct 1997 |
Terraced |
Freehold |
Floor Area: 46 sq meters or 501 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 July 2009 the House Price Index for CITY OF DERBY was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £115,000 results in an estimated price of approximately £211,165.
16 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.622 % | £115,000 | £96,165 | £211,165 |
The Postcode Pricing Model uses changes in average sales price within the DE1 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 | 9.186 % | £10,563 | £125,563 |
3 Month Average | 26.825 % | £30,848 | £145,848 |
6 Month Average | 25.549 % | £29,381 | £144,381 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £190,000 | £190,000 | 8 RAILWAY TERRACE |
8 Sep 2023 | £212,177 | £207,500 | 7 RAILWAY TERRACE |
30 Mar 2023 | £224,245 | £220,500 | 25 CALVERT STREET |
23 Jan 2023 | £140,375 | £140,000 | 16 PARK STREET |
16 Jan 2023 | £141,378 | £141,000 | 2 WELLINGTON CRESCENT |
This house has a floor area of 46 sq meters or 501 sq feet when measured on 30 Jun 2009. Using an estimated price of £211,165 means this house is valued at £4,533 per sq meter (£421 per sq foot).
The average size of a house on WELLINGTON CRESCENT is 58 sq meters (631 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Midland Place |
Jul 2024 | Public order | Under investigation | On or near Midland Place |
May 2024 | Public order | Awaiting court outcome | On or near Midland Place |
May 2024 | Anti-social behaviour | On or near Midland Place | |
May 2024 | Drugs | Unable to prosecute suspect | On or near Midland Place |