48, PANAMA CIRCLE, DERBY, DE24 1AE - £105,000

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.

48 PANAMA CIRCLE is a very large flat of 88m², built sometime from 2012 onwards, which could now be worth an estimated £129,543. It was last sold for £105,000 in May 2018, which was around 21% above the average May 2018 flat price in the City of Derby local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

48 PANAMA CIRCLE Sold Prices

Land registry data shows four sales for 48 PANAMA CIRCLE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the City of Derby local authority area for the corresponding sale date. All of the four 48 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
2018 3 MAY	£105,000	£86,825	21% above HPI
2011 1 APR	£91,000	£70,079	30% above HPI
2008 3 SEP	£115,000	£80,920	42% above HPI
2008 21 MAY	£101,000	£84,316	20% above HPI

What might 48 PANAMA CIRCLE be worth now?

48 PANAMA CIRCLE might now be worth an estimated £129,543.

This is based on house price inflation of 23.4%, between May 2018 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 23.4% inflationary increase is applied to the most recent sale price for 48 PANAMA CIRCLE of £105,000 on 3rd May 2018. For the value to have increased from £105,000 to £129,543 over the eight years to May 2026, the following assumptions must hold true:

• The value of 48 PANAMA CIRCLE has moved in line with the HPI for flats in the City of Derby local authority area.
• The May 2018 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 48 PANAMA CIRCLE has not materially changed since May 2018.

How Large is 48 PANAMA CIRCLE?

48 PANAMA CIRCLE is 88m² according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of flats in Derby, based on EPC data. 95% of flats are smaller than 48 PANAMA CIRCLE, and 5% of flats are larger. Note that EPC data is not available for all properties in Derby.

48 PANAMA CIRCLE: Plot

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

Where is 48 PANAMA CIRCLE?

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