47, PANAMA CIRCLE, DERBY, DE24 1AE - £113,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

47 PANAMA CIRCLE is a large flat of 63m², built sometime between 2007 and 2011, which could now be worth an estimated £112,107. It was last sold for £113,500 in March 2023, which was around 5% above the average March 2023 flat price in the City of Derby local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

47 PANAMA CIRCLE Sold Prices

Land registry data shows two sales for 47 PANAMA CIRCLE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the City of Derby local authority area for the corresponding sale date. Both of the two 47 PANAMA CIRCLE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 7 MAR	£113,500	£108,451	5% above HPI
2007 21 DEC	£130,000	£88,468	47% above HPI

What might 47 PANAMA CIRCLE be worth now?

47 PANAMA CIRCLE might now be worth an estimated £112,107.

This is based on house price deflation of 1.2%, between March 2023 and May 2026, for flats, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for 47 PANAMA CIRCLE of £113,500 on 7th March 2023. For the value to have decreased from £113,500 to £112,107 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of 47 PANAMA CIRCLE has moved in line with the HPI for flats in the City of Derby local authority area.
• The March 2023 sale price of £113,500 represented a fair market value for the property.
• The size, condition, and specification of 47 PANAMA CIRCLE has not materially changed since March 2023.

How Large is 47 PANAMA CIRCLE?

47 PANAMA CIRCLE is 63m² according to the EPC inspection conducted in December 2018. This puts it in the largest 40% of flats in Derby, based on EPC data. 61% of flats are smaller than 47 PANAMA CIRCLE, and 35% of flats are larger. Note that EPC data is not available for all properties in Derby.

47 PANAMA CIRCLE: Plot

47 PANAMA CIRCLE sits on a plot of roughly 1.0 acres, or 4,157m².

Where is 47 PANAMA CIRCLE?

47 PANAMA CIRCLE is located in DERBY, in the DE24 postcode district.