£296,486
This estimated value is based upon the latest sale price for the house of £219,500 on 24 Mar 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 |
|---|---|
| £219,500 | 24 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 March 2016 the House Price Index for CITY OF NOTTINGHAM was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £219,500 results in an estimated price of approximately £296,486.
| 24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £219,500 | £76,986 | £296,486 |
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 | 40.887 % | £89,746 | £309,246 |
| 3 Month Average | 39.278 % | £86,215 | £305,715 |
| 6 Month Average | 43.586 % | £95,670 | £315,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £293,756 | £290,000 | 131 LENTON BOULEVARD |
| 15 Sep 2023 | £278,562 | £275,000 | 52 JOHNSON ROAD |
| 6 Sep 2023 | £474,061 | £468,000 | 6 DUNLOP AVENUE |
| 5 Sep 2023 | £263,367 | £260,000 | 139 LENTON BOULEVARD |
| 31 Jul 2023 | £339,570 | £335,000 | 9 ELMSTHORPE AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 24 Apr 2014. Using an estimated price of £296,487 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on JOHNSON ROAD is 117 sq meters (1,263 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Dunlop Avenue |