£113,747
This estimated value is based upon the latest sale price for the house of £112,000 on 20 Mar 2024. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£112,000 | 20 Mar 2024 |
£25,000 | 12 Feb 2002 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 2024 the House Price Index for CITY OF DERBY was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £112,000 results in an estimated price of approximately £113,747.
20 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £112,000 | £1,747 | £113,747 |
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 | 72.098 % | £80,749 | £192,749 |
3 Month Average | 41.909 % | £46,938 | £158,938 |
6 Month Average | 6.386 % | £7,152 | £119,152 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £113,748 | £112,000 | 32 BETHULIE ROAD |
23 Jun 2023 | £120,413 | £118,000 | 22 BALFOUR ROAD |
23 Jun 2023 | £161,231 | £158,000 | 29 BALFOUR ROAD |
23 Feb 2023 | £176,177 | £175,000 | 20 BETHULIE ROAD |
30 Aug 2022 | £130,611 | £130,000 | 50 BALFOUR ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 21 Aug 2019. Using an estimated price of £113,748 means this house is valued at £1,697 per sq meter (£157 per sq foot).
The average size of a house on BETHULIE ROAD is 91 sq meters (990 sq feet).