58, PANAMA CIRCLE, DERBY, DE24 1AE - £118,500

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.

58 PANAMA CIRCLE is a large flat of 65m², built sometime between 2007 and 2011, which could now be worth an estimated £116,952. It was last sold for £118,500 in October 2022, which was around 9% above the average October 2022 flat price in the City of Derby local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

58 PANAMA CIRCLE Sold Prices

Land registry data shows five sales for 58 PANAMA CIRCLE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the City of Derby local authority area for the corresponding sale date. Most of the five 58 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
2022 24 OCT	£118,500	£108,538	9% above HPI
2021 28 MAY	£93,000	£100,058	7% below HPI
2017 7 APR	£103,000	£87,181	18% above HPI
2011 4 MAR	£89,000	£70,315	27% above HPI
2009 16 DEC	£70,000	£75,928	8% below HPI

What might 58 PANAMA CIRCLE be worth now?

58 PANAMA CIRCLE might now be worth an estimated £116,952.

This is based on house price deflation of 1.3%, between October 2022 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 1.3% deflationary decrease is applied to the most recent sale price for 58 PANAMA CIRCLE of £118,500 on 24th October 2022. For the value to have decreased from £118,500 to £116,952 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 58 PANAMA CIRCLE has moved in line with the HPI for flats in the City of Derby local authority area.
• The October 2022 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 58 PANAMA CIRCLE has not materially changed since October 2022.

How Large is 58 PANAMA CIRCLE?

58 PANAMA CIRCLE is 65m² according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of flats in Derby, based on EPC data. 68% of flats are smaller than 58 PANAMA CIRCLE, and 30% of flats are larger. Note that EPC data is not available for all properties in Derby.

58 PANAMA CIRCLE: Plot

58 PANAMA CIRCLE sits on a plot of roughly 0.393 of an acre, or 1,590m².

Where is 58 PANAMA CIRCLE?

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