£118,953
This estimated value is based upon the latest sale price for the house of £97,000 on 21 Oct 2019. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£97,000 | 21 Oct 2019 |
£85,000 | 31 Jan 2013 |
£118,750 | 25 Jun 2008 |
Flats/Maisonettes |
Leasehold |
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 2019 the House Price Index for CITY OF DERBY was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £97,000 results in an estimated price of approximately £118,953.
21 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £97,000 | £21,953 | £118,953 |
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 | 16.301 % | £15,812 | £112,812 |
3 Month Average | 30.508 % | £29,592 | £126,592 |
6 Month Average | 24.637 % | £23,897 | £120,897 |
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 64 sq meters or 688 sq feet when measured on 21 Aug 2019. Using an estimated price of £118,953 means this house is valued at £1,858 per sq meter (£172 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 |