£76,709
This estimated value is based upon the latest sale price for the house of £58,500 on 20 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 |
---|---|
£58,500 | 20 Dec 2016 |
£45,000 | 18 Jun 2012 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 £58,500 results in an estimated price of approximately £76,709.
20 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £58,500 | £18,209 | £76,709 |
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 % | £-11,298 | £47,201 |
3 Month Average | 10.467 % | £6,122 | £64,622 |
6 Month Average | 30.989 % | £18,128 | £76,628 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £104,263 | £103,000 | 40 REEVES ROAD |
17 Mar 2023 | £72,180 | £71,500 | 24 REEVES ROAD |
16 Mar 2023 | £176,664 | £175,000 | 194 SHAFTESBURY CRESCENT |
3 Mar 2023 | £126,189 | £125,000 | 212 SHAFTESBURY CRESCENT |
14 Oct 2022 | £98,935 | £100,000 | 60 REEVES ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Apr 2012. Using an estimated price of £76,709 means this house is valued at £1,162 per sq meter (£107 per sq foot).
The average size of a house on REEVES ROAD is 75 sq meters (812 sq feet).