68, PANAMA CIRCLE, DERBY, DE24 1AE - £130,000

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.

68 PANAMA CIRCLE is a large flat of 67m², built sometime between 2007 and 2011, which could now be worth an estimated £126,774. It was last sold for £130,000 in November 2022, which was around 18% above the average November 2022 flat price in the City of Derby local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

68 PANAMA CIRCLE Sold Prices

Land registry data shows five sales for 68 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 68 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 4 NOV	£130,000	£109,846	18% above HPI
2014 19 SEP	£107,000	£78,967	35% above HPI
2013 26 APR	£98,000	£72,853	35% above HPI
2010 4 JAN	£98,000	£74,703	31% above HPI
2009 16 DEC	£70,000	£75,928	8% below HPI

What might 68 PANAMA CIRCLE be worth now?

68 PANAMA CIRCLE might now be worth an estimated £126,774.

This is based on house price deflation of 2.5%, between November 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 2.5% deflationary decrease is applied to the most recent sale price for 68 PANAMA CIRCLE of £130,000 on 4th November 2022. For the value to have decreased from £130,000 to £126,774 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 68 PANAMA CIRCLE has moved in line with the HPI for flats in the City of Derby local authority area.
• The November 2022 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 68 PANAMA CIRCLE has not materially changed since November 2022.

How Large is 68 PANAMA CIRCLE?

68 PANAMA CIRCLE is 67m² according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of flats in Derby, based on EPC data. 74% of flats are smaller than 68 PANAMA CIRCLE, and 25% of flats are larger. Note that EPC data is not available for all properties in Derby.

68 PANAMA CIRCLE: Plot

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

Where is 68 PANAMA CIRCLE?

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