£186,545
This estimated value is based upon the latest sale price for the house of £33,000 on 21 Apr 1995. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£33,000 | 21 Apr 1995 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 962 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 April 1995 the House Price Index for NOTTINGHAMSHIRE was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £33,000 results in an estimated price of approximately £186,545.
21 Apr 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 149.7 | 465.290 % | £33,000 | £153,545 | £186,545 |
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 | 358.855 % | £118,422 | £151,422 |
3 Month Average | 460.511 % | £151,968 | £184,968 |
6 Month Average | 390.516 % | £128,870 | £161,870 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £132,058 | £128,000 | 45 HARCOURT ROAD |
18 Dec 2023 | £257,926 | £250,000 | 12 AUSTEN AVENUE |
29 Sep 2023 | £209,621 | £205,000 | 130 LAURIE AVENUE |
21 Jan 2023 | £80,214 | £80,000 | 5 HARCOURT ROAD |
25 Nov 2021 | £122,026 | £112,000 | 21 HARCOURT ROAD |
This house has a floor area of 89 sq meters or 962 sq feet when measured on 4 Sep 2009. Using an estimated price of £186,546 means this house is valued at £2,086 per sq meter (£193 per sq foot).
The average size of a house on LAURIE AVENUE is 84 sq meters (909 sq feet).