£160,501
This estimated value is based upon the latest sale price for the house of £100,000 on 20 Dec 2013. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £100,000 | 20 Dec 2013 |
| £50,950 | 29 Jun 2001 |
| £28,000 | 9 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2013 the House Price Index for CITY OF DERBY was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £100,000 results in an estimated price of approximately £160,501.
| 20 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £100,000 | £60,501 | £160,501 |
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 | 26.024 % | £26,023 | £126,023 |
| 3 Month Average | 52.551 % | £52,550 | £152,550 |
| 6 Month Average | 55.165 % | £55,164 | £155,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £506,131 | £500,000 | SCHOOL HOUSE BUSINESS CENTRE LONDON ROAD |
| 24 Apr 2023 | £90,980 | £90,000 | 707 LONDON ROAD |
| 17 Feb 2023 | £163,890 | £164,000 | 5 ELLESMERE AVENUE |
| 31 Jan 2023 | £218,969 | £220,000 | 31 DICKINSON STREET |
| 13 Jan 2023 | £114,461 | £115,000 | 46 TAYLOR STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 24 Oct 2013. Using an estimated price of £160,502 means this house is valued at £1,725 per sq meter (£160 per sq foot).
The average size of a house on ELLESMERE AVENUE is 87 sq meters (939 sq feet).