£147,309
This estimated value is based upon the latest sale price for the house of £90,000 on 14 Nov 2013. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£90,000 | 14 Nov 2013 |
£28,500 | 14 Jan 1998 |
Terraced |
Freehold |
Floor Area: 142 sq meters or 1,528 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 November 2013 the House Price Index for NOTTINGHAMSHIRE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £90,000 results in an estimated price of approximately £147,309.
14 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 149.7 | 63.678 % | £90,000 | £57,309 | £147,309 |
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 | 94.756 % | £85,280 | £175,280 |
3 Month Average | 117.427 % | £105,684 | £195,684 |
6 Month Average | 84.451 % | £76,006 | £166,006 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £137,107 | £135,000 | 149 FORSTER STREET |
1 Nov 2023 | £135,438 | £132,000 | 147 HARTLEY ROAD |
3 Mar 2023 | £91,529 | £90,000 | 2 LONSDALE ROAD |
20 Jul 2022 | £168,690 | £167,000 | 159 FORSTER STREET |
3 May 2022 | £120,386 | £117,250 | 22 LONSDALE ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 5 Nov 2015. Using an estimated price of £147,310 means this house is valued at £1,037 per sq meter (£96 per sq foot).
The average size of a house on HARTLEY ROAD is 69 sq meters (743 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,528 sq feet).