£151,236
This estimated value is based upon the latest sale price for the house of £117,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£117,000 | 28 Apr 2017 |
£39,500 | 21 Aug 1998 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,048 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in April 2017 the House Price Index for CITY OF NOTTINGHAM was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £117,000 results in an estimated price of approximately £151,236.
28 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £117,000 | £34,236 | £151,236 |
The Postcode Pricing Model uses changes in average sales price within the NG7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 20.432 % | £23,905 | £140,905 |
3 Month Average | 31.783 % | £37,186 | £154,186 |
6 Month Average | 38.659 % | £45,230 | £162,230 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £130,279 | £128,000 | 45 HARCOURT ROAD |
18 Dec 2023 | £254,452 | £250,000 | 12 AUSTEN AVENUE |
29 Sep 2023 | £207,655 | £205,000 | 130 LAURIE AVENUE |
21 Jan 2023 | £79,625 | £80,000 | 5 HARCOURT ROAD |
25 Nov 2021 | £121,130 | £112,000 | 21 HARCOURT ROAD |
This house has a floor area of 97 sq meters or 1,048 sq feet when measured on 15 Sep 2009. Using an estimated price of £151,237 means this house is valued at £1,552 per sq meter (£144 per sq foot).
The average size of a house on LAURIE AVENUE is 84 sq meters (909 sq feet).