£38,413
This estimated value is based upon the latest sale price for the house of £38,000 on 6 Apr 2023. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £38,000 | 6 Apr 2023 |
| £57,500 | 31 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 April 2023 the House Price Index for CITY OF DERBY was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £38,000 results in an estimated price of approximately £38,413.
| 6 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £38,000 | £413 | £38,413 |
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 | -19.402 % | £-7,372 | £30,627 |
| 3 Month Average | -26.430 % | £-10,043 | £27,956 |
| 6 Month Average | -5.686 % | £-2,160 | £35,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £150,019 | £148,000 | 56 ROWLEYS MILL UTTOXETER NEW ROAD |
| 19 Jun 2023 | £111,349 | £110,000 | 35 ROWLEYS MILL UTTOXETER NEW ROAD |
| 6 Apr 2023 | £38,414 | £38,000 | FLAT 31 ALEXANDRA MILL GREAT NORTHERN ROAD |
| 30 Sep 2022 | £451,355 | £455,000 | FRIARY HOUSE, 47 UTTOXETER NEW ROAD |
| 30 Sep 2022 | £468,715 | £472,500 | 49 UTTOXETER NEW ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 2 Sep 2021. Using an estimated price of £38,414 means this house is valued at £685 per sq meter (£63 per sq foot).
The average size of a house on GREAT NORTHERN ROAD is 67 sq meters (724 sq feet).