£102,395
This estimated value is based upon the latest sale price for the house of £60,000 on 9 Jul 2010. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £60,000 | 9 Jul 2010 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 704 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 2010 the House Price Index for CITY OF DERBY was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £60,000 results in an estimated price of approximately £102,395.
| 9 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £60,000 | £42,395 | £102,395 |
The Postcode Pricing Model uses changes in average sales price within the DE23 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 | 61.558 % | £36,934 | £96,934 |
| 3 Month Average | 77.253 % | £46,351 | £106,351 |
| 6 Month Average | 66.213 % | £39,727 | £99,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £169,297 | £165,000 | 100 VIOLET STREET |
| 18 Aug 2023 | £140,535 | £138,000 | 102 ST GILES ROAD |
| 29 Jul 2022 | £156,569 | £155,000 | 62 VIOLET STREET |
| 2 Mar 2022 | £114,833 | £110,000 | 121 CREWE STREET |
| 10 Feb 2022 | £92,440 | £87,500 | 53 VIOLET STREET |
This house has a floor area of 65 sq meters or 704 sq feet when measured on 2 Jul 2010. Using an estimated price of £102,395 means this house is valued at £1,565 per sq meter (£145 per sq foot).
The average size of a house on VIOLET STREET is 83 sq meters (903 sq feet).