£344,334
This estimated value is based upon the latest sale price for the house of £60,000 on 6 Oct 1995. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 6 Oct 1995 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 October 1995 the House Price Index for NOTTINGHAMSHIRE was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 473.891%.Applying this 473.891% change to the original purchase price of £60,000 results in an estimated price of approximately £344,334.
| 6 Oct 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 473.891 % | £60,000 | £284,334 | £344,334 |
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 | 405.520 % | £243,312 | £303,312 |
| 3 Month Average | 458.274 % | £274,964 | £334,964 |
| 6 Month Average | 384.613 % | £230,767 | £290,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £291,478 | £287,000 | APARTMENT 5 ARLINGTON HOUSE, 25 LENTON AVENUE |
| 3 Nov 2023 | £379,637 | £370,000 | 154 HARLAXTON DRIVE |
| 20 Jan 2023 | £230,616 | £230,000 | FLAT 3 13 LENTON AVENUE |
| 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 171 sq meters or 1,840 sq feet when measured on 25 May 2016. Using an estimated price of £344,335 means this house is valued at £2,013 per sq meter (£187 per sq foot).
The average size of a house on HARLAXTON DRIVE is 143 sq meters (1,545 sq feet).