£98,082
This estimated value is based upon the latest sale price for the house of £72,500 on 26 May 2016. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £72,500 | 26 May 2016 |
| £68,000 | 9 Jul 2004 |
| £41,500 | 13 Feb 2003 |
| £22,000 | 25 Jun 1999 |
| £17,500 | 24 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2016 the House Price Index for CITY OF DERBY was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £72,500 results in an estimated price of approximately £98,082.
| 26 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £72,500 | £25,582 | £98,082 |
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 | 38.970 % | £28,253 | £100,753 |
| 3 Month Average | 62.571 % | £45,363 | £117,863 |
| 6 Month Average | 43.356 % | £31,432 | £103,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £135,998 | £133,000 | 5 YOUNG STREET |
| 10 Aug 2022 | £89,418 | £89,000 | 32 THORN STREET |
| 23 Feb 2022 | £124,134 | £117,500 | 46 CLARENCE ROAD |
| 11 Nov 2021 | £108,952 | £100,000 | 36 YOUNG STREET |
| 18 Dec 2020 | £127,183 | £110,000 | 45 THORN STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 5 Aug 2015. Using an estimated price of £98,082 means this house is valued at £1,241 per sq meter (£115 per sq foot).
The average size of a house on YOUNG STREET is 84 sq meters (907 sq feet).