£141,446
This estimated value is based upon the latest sale price for the house of £76,000 on 24 Apr 2009. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£76,000 | 24 Apr 2009 |
£76,000 | 24 Apr 2009 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 729 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 April 2009 the House Price Index for CITY OF DERBY was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £76,000 results in an estimated price of approximately £141,446.
24 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.114 % | £76,000 | £65,446 | £141,446 |
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 | 20.430 % | £15,526 | £91,526 |
3 Month Average | 54.092 % | £41,110 | £117,110 |
6 Month Average | 64.280 % | £48,852 | £124,852 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £90,794 | £90,000 | 121 PRINCES STREET |
18 Jul 2023 | £70,955 | £70,000 | 8 PEAR TREE STREET |
14 Apr 2023 | £130,404 | £129,000 | 26 PEAR TREE STREET |
1 Jul 2022 | £80,216 | £80,000 | 16 PEAR TREE STREET |
7 Jun 2022 | £144,036 | £142,000 | UKRAINIAN ORTHODOX CHURCH OF ST GEORGE SHAFTESBURY CRESCENT |
This house has a floor area of 67 sq meters or 729 sq feet when measured on 5 Mar 2009. Using an estimated price of £141,446 means this house is valued at £2,087 per sq meter (£193 per sq foot).
The average size of a house on HOLCOMBE STREET is 78 sq meters (844 sq feet).