£96,543
This estimated value is based upon the latest sale price for the house of £76,500 on 2 Oct 2017. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £76,500 | 2 Oct 2017 |
| £76,500 | 20 Mar 2015 |
| £78,000 | 18 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 October 2017 the House Price Index for CITY OF DERBY was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £76,500 results in an estimated price of approximately £96,543.
| 2 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £76,500 | £20,043 | £96,543 |
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 | 38.750 % | £29,643 | £106,143 |
| 3 Month Average | 46.133 % | £35,291 | £111,791 |
| 6 Month Average | 41.545 % | £31,782 | £108,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £111,653 | £110,000 | 59 FIFE STREET |
| 17 Aug 2023 | £169,483 | £168,000 | 15 FIFE STREET |
| 6 Jun 2023 | £176,387 | £174,250 | 45 FIFE STREET |
| 20 Jan 2023 | £144,320 | £145,000 | 44 FIFE STREET |
| 28 Oct 2022 | £113,775 | £115,000 | 47 CHAMBERS STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Dec 2014. Using an estimated price of £96,543 means this house is valued at £1,508 per sq meter (£140 per sq foot).
The average size of a house on CHAMBERS STREET is 72 sq meters (781 sq feet).