£113,521
This estimated value is based upon the latest sale price for the house of £85,000 on 3 Jun 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 |
|---|---|
| £85,000 | 3 Jun 2016 |
| £52,500 | 5 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,178 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 June 2016 the House Price Index for CITY OF NOTTINGHAM was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £85,000 results in an estimated price of approximately £113,521.
| 3 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £85,000 | £28,521 | £113,521 |
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 | 45.359 % | £38,555 | £123,555 |
| 3 Month Average | 31.980 % | £27,182 | £112,182 |
| 6 Month Average | 44.253 % | £37,614 | £122,614 |
| 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 |
| 16 Jan 2023 | £114,461 | £115,000 | 18 COPE STREET |
| 23 Nov 2022 | £237,128 | £240,000 | 42A THURMAN STREET |
| 18 Jul 2022 | £145,391 | £145,000 | 375 ALFRETON ROAD |
This house has a floor area of 109 sq meters or 1,178 sq feet when measured on 18 May 2011. Using an estimated price of £113,522 means this house is valued at £1,037 per sq meter (£96 per sq foot).
The average size of a house on COLLISON STREET is 124 sq meters (1,338 sq feet).