39 CASTLE STREET

£385,059

Full Address

39 CASTLE STREET
MELBOURNE
DERBY
DERBYSHIRE
UNITED KINGDOM
DE73 1DY

Estimated Market Value

£385,059

This estimated value is based upon the latest sale price for the house of £221,630 on 19 Oct 2009. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1

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Transactions for this house
Price PaidDate
£221,63019 Oct 2009
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for DERBYSHIRE to estimate the market value.

When this house was purchased in October 2009 the House Price Index for DERBYSHIRE was 84.4.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 73.740%.

Applying this 73.740% change to the original purchase price of £221,630 results in an estimated price of approximately £385,059.

19 Oct 2009 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
84.4 146.7 73.740 % £221,630 £163,429 £385,059

The Postcode Pricing Model uses changes in average sales price within the DE73 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 24.857 % £55,090 £276,720
3 Month Average 47.129 % £104,451 £326,081
6 Month Average 52.449 % £116,243 £337,873
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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