£134,996
This estimated value is based upon the latest sale price for the house of £63,000 on 6 Jan 2004. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£63,000 | 6 Jan 2004 |
£41,500 | 29 May 2002 |
Semi-Detached |
Freehold |
Floor Area: 50 sq meters or 538 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 January 2004 the House Price Index for CITY OF DERBY was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £63,000 results in an estimated price of approximately £134,996.
6 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
69.3 | 148.6 | 114.281 % | £63,000 | £71,996 | £134,996 |
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 | 117.935 % | £74,298 | £137,298 |
3 Month Average | 129.785 % | £81,764 | £144,764 |
6 Month Average | 127.811 % | £80,520 | £143,520 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £163,085 | £161,000 | 4 IRVING PLACE |
19 Jul 2023 | £207,797 | £205,000 | 24 HOLLOWAY ROAD |
16 Jun 2023 | £172,084 | £170,000 | 679 HARVEY ROAD |
5 Jun 2023 | £149,309 | £147,500 | 8 RADFORD STREET |
5 Apr 2023 | £121,306 | £120,000 | 58 RADFORD STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 10 Sep 2012. Using an estimated price of £134,997 means this house is valued at £2,699 per sq meter (£250 per sq foot).
The average size of a house on HARVEY ROAD is 80 sq meters (863 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).