£456,837
This estimated value is based upon the latest sale price for the house of £358,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£358,000 | 30 Jun 2017 |
£228,000 | 13 Nov 2014 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 June 2017 the House Price Index for CITY OF DERBY was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £358,000 results in an estimated price of approximately £456,837.
30 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.0 | 27.608 % | £358,000 | £98,837 | £456,837 |
The Postcode Pricing Model uses changes in average sales price within the DE22 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 | 33.602 % | £120,295 | £478,295 |
3 Month Average | 22.986 % | £82,290 | £440,290 |
6 Month Average | 15.467 % | £55,370 | £413,370 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £222,861 | £220,000 | 20 ARTHUR HIND CLOSE |
17 Nov 2023 | £415,332 | £410,000 | 16 BROADFIELDS CLOSE |
3 Jul 2023 | £908,595 | £900,000 | 5 WEST BANK AVENUE |
28 Jun 2023 | £287,330 | £285,000 | 26 WEST BANK AVENUE |
6 Jan 2023 | £485,733 | £490,000 | 24 PARKFIELDS DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 22 Feb 2017. Using an estimated price of £456,837 means this house is valued at £4,661 per sq meter (£433 per sq foot).
The average size of a house on WEST BANK AVENUE is 152 sq meters (1,644 sq feet).
This house is the smallest in the street with a floor area of 98 sq meters (1,054 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Bank Avenue |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Bank Avenue |
Feb 2024 | Anti-social behaviour | On or near Broadfields Close | |
Feb 2024 | Anti-social behaviour | On or near Broadfields Close | |
Feb 2024 | Anti-social behaviour | On or near Broadfields Close |