£85,233
This estimated value is based upon the latest sale price for the house of £15,000 on 5 Dec 1995. This value is then adjusted by the current Official House Price Index for DERBYSHIRE 1
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| Price Paid | Date |
|---|---|
| £15,000 | 5 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 1995 the House Price Index for DERBYSHIRE was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.223%.Applying this 468.223% change to the original purchase price of £15,000 results in an estimated price of approximately £85,233.
| 5 Dec 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 468.223 % | £15,000 | £70,233 | £85,233 |
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 | 189.517 % | £28,427 | £43,427 |
| 3 Month Average | 302.371 % | £45,355 | £60,355 |
| 6 Month Average | 380.661 % | £57,099 | £72,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £111,653 | £110,000 | 340 NORMANTON ROAD |
| 28 Sep 2023 | £77,491 | £76,500 | 60 SILVER HILL ROAD |
| 25 Aug 2023 | £80,706 | £80,000 | 91 CUMMINGS STREET |
| 16 Mar 2022 | £154,403 | £149,000 | 342A NORMANTON ROAD |
| 28 Jan 2022 | £123,132 | £117,000 | 24 CHESTNUT AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 8 Aug 2013. Using an estimated price of £85,233 means this house is valued at £1,039 per sq meter (£96 per sq foot).
The average size of a house on CUMMINGS STREET is 100 sq meters (1,085 sq feet).