£123,613
This estimated value is based upon the latest sale price for the house of £62,950 on 5 Jul 2004. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £62,950 | 5 Jul 2004 |
| £14,500 | 7 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2004 the House Price Index for CITY OF DERBY was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £62,950 results in an estimated price of approximately £123,613.
| 5 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £62,950 | £60,663 | £123,613 |
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 | 83.078 % | £52,297 | £115,247 |
| 3 Month Average | 93.166 % | £58,647 | £121,597 |
| 6 Month Average | 83.585 % | £52,616 | £115,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £117,592 | £115,000 | 88 ALMOND STREET |
| 3 Apr 2023 | £108,020 | £106,000 | 103 STANTON STREET |
| 22 Apr 2022 | £103,742 | £100,000 | 116 STANTON STREET |
| 18 Jan 2022 | £100,719 | £95,000 | 102 STANTON STREET |
| 5 Jul 2021 | £94,358 | £81,500 | 132 ALMOND STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 7 Apr 2015. Using an estimated price of £123,613 means this house is valued at £1,844 per sq meter (£171 per sq foot).
The average size of a house on STANTON STREET is 77 sq meters (839 sq feet).