£310,427
This estimated value is based upon the latest sale price for the house of £62,950 on 22 Dec 1997. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£62,950 | 22 Dec 1997 |
Semi-Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in December 1997 the House Price Index for NOTTINGHAMSHIRE was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £62,950 results in an estimated price of approximately £310,427.
22 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.4 | 149.7 | 393.133 % | £62,950 | £247,477 | £310,427 |
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 | 266.927 % | £168,030 | £230,980 |
3 Month Average | 415.182 % | £261,356 | £324,306 |
6 Month Average | 340.707 % | £214,474 | £277,424 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £379,637 | £370,000 | 154 HARLAXTON DRIVE |
11 Aug 2023 | £291,253 | £286,000 | 178 HARRINGTON DRIVE |
9 Sep 2022 | £278,236 | £278,422 | 9 CASTLE MEWS |
17 Jun 2022 | £281,007 | £275,000 | 83 HARLAXTON DRIVE |
7 Jun 2022 | £389,419 | £381,095 | 161 HARRINGTON DRIVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 15 Jul 2016. Using an estimated price of £310,427 means this house is valued at £2,544 per sq meter (£236 per sq foot).
The average size of a house on HARLAXTON DRIVE is 143 sq meters (1,545 sq feet).