£482,576
This estimated value is based upon the latest sale price for the house of £86,000 on 1 May 1996. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£86,000 | 1 May 1996 |
Semi-Detached |
Freehold |
Floor Area: 215 sq meters or 2,314 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 May 1996 the House Price Index for NOTTINGHAMSHIRE was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.136%.Applying this 461.136% change to the original purchase price of £86,000 results in an estimated price of approximately £482,576.
1 May 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 148.6 | 461.136 % | £86,000 | £396,576 | £482,576 |
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 | 383.548 % | £329,850 | £415,850 |
3 Month Average | 319.060 % | £274,391 | £360,391 |
6 Month Average | 369.916 % | £318,128 | £404,128 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £126,705 | £125,000 | FLAT 3 89A FOREST ROAD WEST |
15 Jun 2023 | £534,474 | £528,000 | 91 FOREST ROAD WEST |
7 Jun 2023 | £174,615 | £172,500 | FLAT 8 89A FOREST ROAD WEST |
14 Oct 2022 | £262,177 | £265,000 | FLAT 11 89B FOREST ROAD WEST |
22 Jul 2022 | £185,499 | £185,000 | FLAT 10 89B FOREST ROAD WEST |
This house has a floor area of 215 sq meters or 2,314 sq feet when measured on 3 Apr 2013. Using an estimated price of £482,577 means this house is valued at £2,244 per sq meter (£208 per sq foot).
The average size of a house on GEDLING GROVE is 125 sq meters (1,349 sq feet).
This house is the largest in the street with a floor area of 215 sq meters (2,314 sq feet).