£175,381
This estimated value is based upon the latest sale price for the house of £139,950 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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Price Paid | Date |
---|---|
£139,950 | 9 Mar 2018 |
£100,500 | 29 May 2012 |
£48,000 | 17 Jul 1998 |
£49,500 | 19 Jan 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 sq feet |
This model uses changes in the Official Land Registry House Price Index for DERBYSHIRE to estimate the market value.
When this house was purchased in March 2018 the House Price Index for DERBYSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £139,950 results in an estimated price of approximately £175,381.
9 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £139,950 | £35,431 | £175,381 |
The Postcode Pricing Model uses changes in average sales price within the DE56 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 | -5.101 % | £-7,139 | £132,810 |
3 Month Average | 34.626 % | £48,459 | £188,409 |
6 Month Average | 45.036 % | £63,028 | £202,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2023 | £106,360 | £105,000 | FLAT 6 MEADOW COURT BRIDGE STREET |
21 Jul 2023 | £141,910 | £140,000 | FLAT 16 MEADOW COURT BRIDGE STREET |
26 Jun 2023 | £131,594 | £130,000 | FLAT 15 MEADOW COURT BRIDGE STREET |
26 Jun 2023 | £114,386 | £113,000 | FLAT 4 MEADOW COURT BRIDGE STREET |
27 Apr 2023 | £138,491 | £137,000 | FLAT 5 MEADOW COURT BRIDGE STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Jun 2017. Using an estimated price of £175,381 means this house is valued at £3,131 per sq meter (£290 per sq foot).
The average size of a house on BRIDGE STREET is 65 sq meters (700 sq feet).