£99,956
This estimated value is based upon the latest sale price for the house of £80,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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Price Paid | Date |
---|---|
£80,000 | 2 Feb 2018 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 February 2018 the House Price Index for CITY OF DERBY was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £80,000 results in an estimated price of approximately £99,956.
2 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £80,000 | £19,956 | £99,956 |
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 | -14.792 % | £-11,833 | £68,166 |
3 Month Average | 4.680 % | £3,744 | £83,744 |
6 Month Average | 19.915 % | £15,931 | £95,931 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £166,456 | £165,000 | 24 HARRIET STREET |
21 Jul 2023 | £115,555 | £114,000 | 22 TWYFORD STREET |
7 Jul 2023 | £202,729 | £200,000 | 217 - 219 NORMANTON ROAD |
20 Mar 2023 | £116,094 | £115,000 | 39 HARRIET STREET |
20 May 2022 | £112,112 | £110,000 | 67 GROVE STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 28 Sep 2017. Using an estimated price of £99,957 means this house is valued at £1,369 per sq meter (£127 per sq foot).
The average size of a house on HARRIET STREET is 89 sq meters (963 sq feet).