£184,437
This estimated value is based upon the latest sale price for the house of £164,000 on 23 Apr 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 |
---|---|
£164,000 | 23 Apr 2021 |
£146,995 | 12 Jun 2015 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 April 2021 the House Price Index for CITY OF DERBY was 131.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.462%.Applying this 12.462% change to the original purchase price of £164,000 results in an estimated price of approximately £184,437.
23 Apr 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 148.0 | 12.462 % | £164,000 | £20,437 | £184,437 |
The Postcode Pricing Model uses changes in average sales price within the DE22 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 | 17.519 % | £28,731 | £192,731 |
3 Month Average | -0.924 % | £-1,515 | £162,484 |
6 Month Average | -12.606 % | £-20,674 | £143,325 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £35,012,917 | £34,800,000 | FOURTH FLOOR NORTH SUITE THAMES CENTRAL HATFIELD ROAD |
29 Jun 2023 | £519,210 | £515,000 | 15 COWSLIP ROAD |
23 Jun 2023 | £196,594 | £195,000 | 29 PRINCE GEORGE DRIVE |
31 Mar 2023 | £191,033 | £190,000 | 23 PRINCE GEORGE DRIVE |
28 Feb 2023 | £228,917 | £230,000 | 18 PRINCE GEORGE DRIVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 5 Jun 2015. Using an estimated price of £184,438 means this house is valued at £3,353 per sq meter (£311 per sq foot).
The average size of a house on PRINCE GEORGE DRIVE is 80 sq meters (868 sq feet).