£229,407
This estimated value is based upon the latest sale price for the house of £124,950 on 28 Oct 2005. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£124,950 | 28 Oct 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 October 2005 the House Price Index for CITY OF DERBY was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £124,950 results in an estimated price of approximately £229,407.
28 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.599 % | £124,950 | £104,457 | £229,407 |
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 | 51.930 % | £64,886 | £189,836 |
3 Month Average | 56.339 % | £70,396 | £195,346 |
6 Month Average | 53.726 % | £67,131 | £192,081 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £159,914 | £155,000 | 96 DREWRY LANE |
19 Oct 2023 | £102,324 | £100,000 | FLAT 11 ALEXANDRA MILL GREAT NORTHERN ROAD |
19 Jun 2023 | £112,249 | £110,000 | 35 ROWLEYS MILL UTTOXETER NEW ROAD |
31 Mar 2023 | £148,734 | £146,250 | 134 DREWRY LANE |
30 Sep 2022 | £454,696 | £455,000 | FRIARY HOUSE, 47 UTTOXETER NEW ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Aug 2019. Using an estimated price of £229,408 means this house is valued at £3,700 per sq meter (£343 per sq foot).
The average size of a house on UTTOXETER NEW ROAD is 103 sq meters (1,109 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Drewry Lane | |
Jun 2024 | Anti-social behaviour | On or near Drewry Lane | |
Jun 2024 | Anti-social behaviour | On or near Drewry Lane | |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Jackson Street |