£159,925
This estimated value is based upon the latest sale price for the house of £156,400 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
There has been one burglary within the last year on or near Drage Street
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Price Paid | Date |
---|---|
£156,400 | 29 Sep 2023 |
£132,500 | 27 May 2005 |
£95,000 | 18 Jun 2004 |
£34,400 | 3 Jul 1998 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 September 2023 the House Price Index for CITY OF DERBY was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £156,400 results in an estimated price of approximately £159,925.
29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £156,400 | £3,525 | £159,925 |
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 | 13.389 % | £20,939 | £177,339 |
3 Month Average | -7.891 % | £-12,340 | £144,059 |
6 Month Average | -10.171 % | £-15,907 | £140,492 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £105,623 | £104,000 | 14 DRAGE STREET |
11 Dec 2023 | £202,214 | £196,000 | 19 ROMAN ROAD |
29 Sep 2023 | £159,925 | £156,400 | 12 DRAGE STREET |
18 Sep 2023 | £168,719 | £165,000 | 14 ROMAN ROAD |
3 Feb 2023 | £117,787 | £117,000 | 42 DRAGE STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 18 Feb 2016. Using an estimated price of £159,925 means this house is valued at £2,161 per sq meter (£200 per sq foot).
The average size of a house on DRAGE STREET is 71 sq meters (766 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Drage Street |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drage Street |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Drage Street |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Drage Street |
Aug 2024 | Public order | Under investigation | On or near Caesar Street |