£111,299
This estimated value is based upon the latest sale price for the house of £111,000 on 27 Jul 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 |
|---|---|
| £111,000 | 27 Jul 2022 |
| £88,000 | 21 Jun 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2022 the House Price Index for CITY OF DERBY was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £111,000 results in an estimated price of approximately £111,299.
| 27 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £111,000 | £299 | £111,299 |
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 | -31.735 % | £-35,226 | £75,773 |
| 3 Month Average | -41.107 % | £-45,629 | £65,370 |
| 6 Month Average | -6.789 % | £-7,535 | £103,464 |
| 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 59 sq meters or 635 sq feet when measured on 1 Aug 2014. Using an estimated price of £111,300 means this house is valued at £1,886 per sq meter (£175 per sq foot).
The average size of a house on GREAT NORTHERN ROAD is 67 sq meters (724 sq feet).