£122,965
This estimated value is based upon the latest sale price for the house of £80,000 on 5 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 |
---|---|
£80,000 | 5 Jun 2014 |
£85,500 | 10 Oct 2006 |
£66,000 | 21 Dec 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £80,000 results in an estimated price of approximately £122,965.
5 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £80,000 | £42,965 | £122,965 |
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 | -26.351 % | £-21,080 | £58,919 |
3 Month Average | -0.759 % | £-607 | £79,392 |
6 Month Average | 48.324 % | £38,659 | £118,659 |
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 | £468,715 | £472,500 | 49 UTTOXETER NEW ROAD |
30 Sep 2022 | £451,355 | £455,000 | FRIARY HOUSE, 47 UTTOXETER NEW ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 4 Feb 2014. Using an estimated price of £122,966 means this house is valued at £2,120 per sq meter (£196 per sq foot).
The average size of a house on GREAT NORTHERN ROAD is 67 sq meters (724 sq feet).