£215,225
This estimated value is based upon the latest sale price for the house of £125,000 on 25 Oct 2011. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £125,000 | 25 Oct 2011 |
| £63,590 | 6 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 October 2011 the House Price Index for CITY OF DERBY was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.180%.Applying this 72.180% change to the original purchase price of £125,000 results in an estimated price of approximately £215,225.
| 25 Oct 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.180 % | £125,000 | £90,225 | £215,225 |
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 | 24.069 % | £30,086 | £155,086 |
| 3 Month Average | 24.326 % | £30,407 | £155,407 |
| 6 Month Average | 40.102 % | £50,127 | £175,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £81,543 | £80,000 | 35 CLARENCE ROAD |
| 23 Feb 2022 | £122,724 | £117,500 | 46 CLARENCE ROAD |
| 11 Nov 2021 | £107,715 | £100,000 | 36 YOUNG STREET |
| 7 Aug 2020 | £83,596 | £70,000 | 10 YOUNG STREET |
| 12 Jun 2020 | £120,613 | £100,000 | 22 SCOTT STREET |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 8 Feb 2019. Using an estimated price of £215,225 means this house is valued at £1,474 per sq meter (£136 per sq foot).
The average size of a house on CLARENCE ROAD is 104 sq meters (1,126 sq feet).