£485,688
This estimated value is based upon the latest sale price for the house of £450,000 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £450,000 | 10 Dec 2021 |
| £240,000 | 11 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 December 2021 the House Price Index for CITY OF DERBY was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £450,000 results in an estimated price of approximately £485,688.
| 10 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £450,000 | £35,688 | £485,688 |
The Postcode Pricing Model uses changes in average sales price within the DE1 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 | 24.496 % | £110,229 | £560,229 |
| 3 Month Average | -11.990 % | £-53,954 | £396,045 |
| 6 Month Average | -3.797 % | £-17,088 | £432,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £373,483 | £365,000 | 71 OTTER STREET |
| 18 Sep 2023 | £398,791 | £390,000 | 62 ARTHUR STREET |
| 4 Jan 2023 | £333,391 | £332,500 | 60 ARTHUR STREET |
| 10 Dec 2021 | £485,689 | £450,000 | 62 OTTER STREET |
| 3 Dec 2021 | £393,947 | £365,000 | 88 ARTHUR STREET |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 26 Aug 2020. Using an estimated price of £485,689 means this house is valued at £3,016 per sq meter (£280 per sq foot).
The average size of a house on OTTER STREET is 130 sq meters (1,404 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Darley Grove |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Otter Street |
| Sep 2024 | Public order | Under investigation | On or near Otter Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Kingston Street |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingston Street |