£184,311
This estimated value is based upon the latest sale price for the house of £150,000 on 6 Jan 2020. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £150,000 | 6 Jan 2020 |
| £44,000 | 10 Jul 1998 |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 January 2020 the House Price Index for CITY OF DERBY was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £150,000 results in an estimated price of approximately £184,311.
| 6 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £150,000 | £34,311 | £184,311 |
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 | 19.416 % | £29,124 | £179,124 |
| 3 Month Average | 15.794 % | £23,691 | £173,691 |
| 6 Month Average | 16.246 % | £24,368 | £174,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £173,951 | £170,000 | 37 MOORSIDE CRESCENT |
| 28 Feb 2023 | £1,641,980 | £1,631,012 | UNIT D1 AMBERLEY DRIVE |
| 17 Feb 2023 | £176,177 | £175,000 | 307 SINFIN LANE |
| 14 Sep 2022 | £137,908 | £138,000 | 3 BARRIE DRIVE |
| 8 Jul 2022 | £120,204 | £119,000 | 285 SINFIN LANE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 5 Dec 2014. Using an estimated price of £184,311 means this house is valued at £1,824 per sq meter (£169 per sq foot).
The average size of a house on SINFIN LANE is 92 sq meters (991 sq feet).