£113,332
This estimated value is based upon the latest sale price for the house of £72,000 on 4 Mar 2014. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £72,000 | 4 Mar 2014 |
| £14,000 | 24 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2014 the House Price Index for CITY OF DERBY was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £72,000 results in an estimated price of approximately £113,332.
| 4 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £72,000 | £41,332 | £113,332 |
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 | -10.300 % | £-7,416 | £64,583 |
| 3 Month Average | 22.022 % | £15,856 | £87,856 |
| 6 Month Average | 44.265 % | £31,870 | £103,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £134,723 | £133,000 | 5 YOUNG STREET |
| 10 Aug 2022 | £88,761 | £89,000 | 32 THORN STREET |
| 23 Feb 2022 | £123,222 | £117,500 | 46 CLARENCE ROAD |
| 11 Nov 2021 | £108,151 | £100,000 | 36 YOUNG STREET |
| 18 Dec 2020 | £126,248 | £110,000 | 45 THORN STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 30 Sep 2013. Using an estimated price of £113,332 means this house is valued at £1,416 per sq meter (£131 per sq foot).
The average size of a house on YOUNG STREET is 84 sq meters (907 sq feet).