£291,914
This estimated value is based upon the latest sale price for the house of £170,000 on 4 Feb 2011. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £170,000 | 4 Feb 2011 |
| £78,000 | 3 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 735 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 February 2011 the House Price Index for CITY OF NOTTINGHAM was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £170,000 results in an estimated price of approximately £291,914.
| 4 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £170,000 | £121,914 | £291,914 |
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 | 61.988 % | £105,380 | £275,380 |
| 3 Month Average | 50.024 % | £85,041 | £255,041 |
| 6 Month Average | 64.307 % | £109,322 | £279,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £295,164 | £290,000 | UNIT D GADD STREET |
| 25 Aug 2022 | £159,072 | £159,500 | 19 SOUTHEY STREET |
| 15 Jun 2022 | £365,160 | £360,000 | 8 LAKE STREET |
| 5 Jan 2022 | £169,438 | £161,000 | 31A BENTINCK ROAD |
| 23 Nov 2021 | £237,933 | £220,000 | 10 LAKE STREET |
This house has a floor area of 68 sq meters or 735 sq feet when measured on 15 Sep 2010. Using an estimated price of £291,914 means this house is valued at £4,273 per sq meter (£397 per sq foot).
The average size of a house on SOUTHEY STREET is 82 sq meters (886 sq feet).