£351,020
This estimated value is based upon the latest sale price for the house of £265,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£265,000 | 28 Oct 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 92 sq meters or 990 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 October 2016 the House Price Index for CITY OF NOTTINGHAM was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £265,000 results in an estimated price of approximately £351,020.
28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £265,000 | £86,020 | £351,020 |
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 | 92.198 % | £244,324 | £509,324 |
3 Month Average | 25.317 % | £67,090 | £332,090 |
6 Month Average | 34.678 % | £91,897 | £356,897 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £199,546 | £197,800 | APARTMENT 1 HINDLE HOUSE, 11 TRAFFIC STREET |
27 Jul 2023 | £217,933 | £215,000 | APARTMENT 17 DUKES WHARF WHARF ROAD |
30 Jun 2023 | £64,514,948 | £63,733,472 | 10 TRAFFIC STREET |
16 Jun 2023 | £5,891,363 | £5,820,000 | 66 - 72 HOUNDS GATE |
24 Mar 2023 | £193,826 | £192,000 | 65 CASTLE BOULEVARD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 12 Nov 2015. Using an estimated price of £351,020 means this house is valued at £3,815 per sq meter (£354 per sq foot).
The average size of a house on CASTLE BOULEVARD is 99 sq meters (1,075 sq feet).