£118,822
This estimated value is based upon the latest sale price for the house of £75,421 on 28 Mar 2008. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £75,421 | 28 Mar 2008 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 March 2008 the House Price Index for CITY OF DERBY was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £75,421 results in an estimated price of approximately £118,822.
| 28 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £75,421 | £43,401 | £118,822 |
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 | 67.711 % | £51,068 | £126,489 |
| 3 Month Average | 75.670 % | £57,071 | £132,492 |
| 6 Month Average | 61.146 % | £46,117 | £121,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £167,938 | £165,000 | 85 PACIFIC WAY |
| 11 Sep 2023 | £111,425 | £110,000 | 8 JAVA COURT |
| 21 Aug 2023 | £247,162 | £245,000 | 25 PACIFIC WAY |
| 6 Mar 2023 | £224,111 | £222,000 | 61 PACIFIC WAY |
| 10 Oct 2022 | £247,337 | £250,000 | 9 PACIFIC WAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 22 May 2015. Using an estimated price of £118,823 means this house is valued at £1,224 per sq meter (£113 per sq foot).
The average size of a house on JAVA COURT is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Java Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Java Court |
| Feb 2024 | Anti-social behaviour | On or near Timor Court | |
| Feb 2024 | Anti-social behaviour | On or near Timor Court | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Timor Court |