£171,462
This estimated value is based upon the latest sale price for the house of £135,000 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £135,000 | 18 Aug 2017 |
| £87,950 | 17 Oct 2003 |
| £78,950 | 7 Oct 2002 |
| £62,950 | 18 Sep 2001 |
| £49,000 | 11 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2017 the House Price Index for CITY OF NOTTINGHAM was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £135,000 results in an estimated price of approximately £171,462.
| 18 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £135,000 | £36,462 | £171,462 |
The Postcode Pricing Model uses changes in average sales price within the NG2 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 | -16.569 % | £-22,368 | £112,631 |
| 3 Month Average | 23.248 % | £31,385 | £166,385 |
| 6 Month Average | 31.081 % | £41,959 | £176,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £111,046 | £110,000 | 6 SUGARCANE COURT MILLERS GREEN |
| 26 Aug 2022 | £210,932 | £211,500 | 33 BENDIGO LANE |
| 24 Jun 2022 | £191,709 | £189,000 | 24 WINDMILL VIEW |
| 27 May 2022 | £100,901 | £99,000 | 3 SUGARCANE COURT MILLERS GREEN |
| 4 Apr 2022 | £195,662 | £190,000 | 73 BENDIGO LANE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 3 Apr 2013. Using an estimated price of £171,462 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on BENDIGO LANE is 71 sq meters (770 sq feet).