£88,900
This estimated value is based upon the latest sale price for the house of £70,000 on 14 Nov 2017. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £70,000 | 14 Nov 2017 |
| Terraced |
| Freehold |
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 November 2017 the House Price Index for CITY OF DERBY was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £70,000 results in an estimated price of approximately £88,900.
| 14 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £70,000 | £18,900 | £88,900 |
The Postcode Pricing Model uses changes in average sales price within the DE24 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 | 31.696 % | £22,187 | £92,187 |
| 3 Month Average | 43.716 % | £30,601 | £100,601 |
| 6 Month Average | 38.363 % | £26,854 | £96,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £125,000 | £125,000 | 22 COMMERCE STREET |
| 8 Sep 2023 | £130,374 | £127,500 | 55 COMMERCE STREET |
| 28 Apr 2023 | £142,668 | £140,000 | 976 LONDON ROAD |
| 18 Nov 2022 | £221,962 | £223,000 | 984 LONDON ROAD |
| 18 Aug 2022 | £145,782 | £145,100 | 67 COMMERCE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Under investigation | On or near Commerce Street |
| Oct 2024 | Anti-social behaviour | On or near Commerce Street | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Commerce Street |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Commerce Street |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Commerce Street |