£57,500
This estimated value is based upon the latest sale price for the house of £15,542 on 2 Aug 2000. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£15,542 | 2 Aug 2000 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 August 2000 the House Price Index for CITY OF NOTTINGHAM was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £15,542 results in an estimated price of approximately £57,500.
2 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £15,542 | £41,958 | £57,500 |
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 | 242.488 % | £37,687 | £53,229 |
3 Month Average | 226.089 % | £35,138 | £50,680 |
6 Month Average | 256.040 % | £39,793 | £55,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jul 2023 | £128,226 | £126,500 | 89 BIRKIN AVENUE |
10 Jul 2023 | £152,046 | £150,000 | 29 PALIN STREET |
23 Nov 2022 | £237,128 | £240,000 | 42A THURMAN STREET |
27 Sep 2022 | £136,399 | £137,500 | 312 ALFRETON ROAD |
28 Mar 2022 | £104,144 | £100,500 | 101 BIRKIN AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 13 Dec 2019. Using an estimated price of £57,501 means this house is valued at £766 per sq meter (£71 per sq foot).
The average size of a house on THURMAN STREET is 85 sq meters (923 sq feet).