£213,504
This estimated value is based upon the latest sale price for the house of £120,000 on 10 Mar 2006. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £120,000 | 10 Mar 2006 |
| £45,000 | 30 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2006 the House Price Index for CITY OF DERBY was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £120,000 results in an estimated price of approximately £213,504.
| 10 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £120,000 | £93,504 | £213,504 |
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 | 50.897 % | £61,076 | £181,076 |
| 3 Month Average | 70.993 % | £85,191 | £205,191 |
| 6 Month Average | 60.045 % | £72,053 | £192,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £234,196 | £227,000 | 24 FAIRFAX ROAD |
| 2 Nov 2023 | £237,016 | £231,000 | 25 HAMILTON ROAD |
| 29 Jun 2023 | £51,022 | £50,000 | 8 HAMILTON ROAD |
| 3 Apr 2023 | £56,048 | £55,000 | 6 HAMILTON ROAD |
| 30 Jan 2023 | £157,421 | £157,000 | 31 FAIRFAX ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Feb 2015. Using an estimated price of £213,504 means this house is valued at £2,398 per sq meter (£222 per sq foot).
The average size of a house on HAMILTON ROAD is 103 sq meters (1,115 sq feet).