£125,667
This estimated value is based upon the latest sale price for the house of £30,000 on 22 Sep 1999. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£30,000 | 22 Sep 1999 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 September 1999 the House Price Index for CITY OF DERBY was 35.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 318.891%.Applying this 318.891% change to the original purchase price of £30,000 results in an estimated price of approximately £125,667.
22 Sep 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.3 | 148.0 | 318.891 % | £30,000 | £95,667 | £125,667 |
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 | 185.906 % | £55,771 | £85,771 |
3 Month Average | 197.750 % | £59,324 | £89,324 |
6 Month Average | 251.634 % | £75,490 | £105,490 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £115,000 | £115,000 | 89 ST JAMES ROAD |
18 Mar 2024 | £130,441 | £130,000 | 97 ST JAMES ROAD |
7 Nov 2023 | £167,146 | £165,000 | 100 VIOLET STREET |
29 Jul 2022 | £154,791 | £155,000 | 62 VIOLET STREET |
13 May 2022 | £50,754 | £50,000 | 106 CREWE STREET |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 13 May 2016. Using an estimated price of £125,667 means this house is valued at £1,005 per sq meter (£93 per sq foot).
The average size of a house on CREWE STREET is 95 sq meters (1,031 sq feet).