£155,473
This estimated value is based upon the latest sale price for the house of £116,759 on 28 Jul 2016. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£116,759 | 28 Jul 2016 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 July 2016 the House Price Index for CITY OF DERBY was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £116,759 results in an estimated price of approximately £155,473.
28 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £116,759 | £38,714 | £155,473 |
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 | 11.422 % | £13,336 | £130,095 |
3 Month Average | 9.713 % | £11,340 | £128,099 |
6 Month Average | 16.188 % | £18,900 | £135,659 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £282,951 | £278,000 | 19 DUMFRIES DRIVE |
11 Sep 2023 | £151,943 | £150,000 | APARTMENT 4 CAMBRIDGE HOUSE SOMERSET CLOSE |
25 Jul 2023 | £172,319 | £170,000 | APARTMENT 17 LANCASTER HOUSE SOMERSET CLOSE |
29 Mar 2023 | £302,853 | £300,000 | 22 SOMERSET CLOSE |
17 Mar 2023 | £151,427 | £150,000 | APARTMENT 7 CAMBRIDGE HOUSE SOMERSET CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Jun 2016. Using an estimated price of £155,473 means this house is valued at £2,159 per sq meter (£200 per sq foot).
The average size of a house on SOMERSET CLOSE is 86 sq meters (929 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Somerset Close |
Jan 2024 | Bicycle theft | Unable to prosecute suspect | On or near Somerset Close |
Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Somerset Close |
Dec 2023 | Anti-social behaviour | On or near Somerset Close | |
Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Somerset Close |