£85,232
This estimated value is based upon the latest sale price for the house of £65,000 on 22 Dec 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 |
|---|---|
| £65,000 | 22 Dec 2016 |
| £52,000 | 7 Nov 2013 |
| 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 December 2016 the House Price Index for CITY OF DERBY was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £65,000 results in an estimated price of approximately £85,232.
| 22 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £65,000 | £20,232 | £85,232 |
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 | -19.314 % | £-12,554 | £52,445 |
| 3 Month Average | 10.467 % | £6,803 | £71,803 |
| 6 Month Average | 30.989 % | £20,142 | £85,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £127,226 | £125,000 | 98 DALE ROAD |
| 27 Mar 2023 | £85,808 | £85,000 | 82 DALE ROAD |
| 13 Mar 2023 | £124,675 | £123,500 | 84 NORTHUMBERLAND STREET |
| 30 Jan 2023 | £89,578 | £90,000 | 124 NORTHUMBERLAND STREET |
| 27 Apr 2022 | £72,086 | £70,000 | 90 DALE ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 11 Oct 2013. Using an estimated price of £85,232 means this house is valued at £1,331 per sq meter (£123 per sq foot).
The average size of a house on LOWER DALE ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Fairdene | |
| Feb 2024 | Anti-social behaviour | On or near Fairdene |