£73,298
This estimated value is based upon the latest sale price for the house of £45,900 on 14 May 2007. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £45,900 | 14 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 May 2007 the House Price Index for CITY OF DERBY was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £45,900 results in an estimated price of approximately £73,298.
| 14 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £45,900 | £27,398 | £73,298 |
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 | -13.658 % | £-6,269 | £39,630 |
| 3 Month Average | 19.995 % | £9,177 | £55,077 |
| 6 Month Average | 43.386 % | £19,913 | £65,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £167,480 | £165,000 | 100 VIOLET STREET |
| 29 Jul 2022 | £155,418 | £155,000 | 62 VIOLET STREET |
| 23 Mar 2022 | £103,626 | £100,000 | 113 ST GILES ROAD |
| 10 Feb 2022 | £91,761 | £87,500 | 53 VIOLET STREET |
| 13 Dec 2021 | £140,350 | £131,000 | 64 VIOLET STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Feb 2013. Using an estimated price of £73,299 means this house is valued at £1,004 per sq meter (£93 per sq foot).
The average size of a house on VIOLET STREET is 83 sq meters (903 sq feet).