£108,704
This estimated value is based upon the latest sale price for the house of £68,000 on 16 Apr 2008. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £68,000 | 16 Apr 2008 |
| £65,000 | 30 Jan 2004 |
| £31,000 | 10 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 April 2008 the House Price Index for CITY OF DERBY was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £68,000 results in an estimated price of approximately £108,704.
| 16 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £68,000 | £40,704 | £108,704 |
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 | 52.775 % | £35,886 | £103,886 |
| 3 Month Average | 69.427 % | £47,210 | £115,210 |
| 6 Month Average | 46.290 % | £31,476 | £99,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £122,099 | £119,000 | 50 MADELEY STREET |
| 13 May 2022 | £141,178 | £137,500 | 25 ROSEHILL STREET |
| 20 Oct 2021 | £89,173 | £80,000 | 47 WHITAKER STREET |
| 20 Oct 2021 | £89,173 | £80,000 | 46 WHITAKER STREET |
| 12 Nov 2020 | £93,435 | £80,000 | 13 HOLMES STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 8 May 2014. Using an estimated price of £108,704 means this house is valued at £1,598 per sq meter (£148 per sq foot).
The average size of a house on WHITAKER STREET is 85 sq meters (925 sq feet).