70, PANAMA CIRCLE, DERBY, DE24 1AE - £104,000

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.

70 PANAMA CIRCLE is a large flat of 63m², built sometime between 2007 and 2011, which could now be worth an estimated £124,826. It was last sold for £104,000 in July 2018, which was around 17% above the average July 2018 flat price in the City of Derby local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

70 PANAMA CIRCLE Sold Prices

Land registry data shows two sales for 70 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 70 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 2 JUL	£104,000	£89,248	17% above HPI
2011 15 MAR	£95,000	£70,315	35% above HPI

What might 70 PANAMA CIRCLE be worth now?

70 PANAMA CIRCLE might now be worth an estimated £124,826.

This is based on house price inflation of 20%, between July 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 20% inflationary increase is applied to the most recent sale price for 70 PANAMA CIRCLE of £104,000 on 2nd July 2018. For the value to have increased from £104,000 to £124,826 over the eight years and two months to May 2026, the following assumptions must hold true:

• The value of 70 PANAMA CIRCLE has moved in line with the HPI for flats in the City of Derby local authority area.
• The July 2018 sale price of £104,000 represented a fair market value for the property.
• The size, condition, and specification of 70 PANAMA CIRCLE has not materially changed since July 2018.

How Large is 70 PANAMA CIRCLE?

70 PANAMA CIRCLE is 63m² according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of flats in Derby, based on EPC data. 61% of flats are smaller than 70 PANAMA CIRCLE, and 35% of flats are larger. Note that EPC data is not available for all properties in Derby.

70 PANAMA CIRCLE: Plot

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

Where is 70 PANAMA CIRCLE?

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