£388,160
This estimated value is based upon the latest sale price for the house of £227,000 on 1 Apr 2010. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£227,000 | 1 Apr 2010 |
Detached |
Freehold |
Floor Area: 169 sq meters or 1,819 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 April 2010 the House Price Index for CITY OF NOTTINGHAM was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £227,000 results in an estimated price of approximately £388,160.
1 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 70.996 % | £227,000 | £161,160 | £388,160 |
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 | 72.098 % | £163,663 | £390,663 |
3 Month Average | 94.281 % | £214,017 | £441,017 |
6 Month Average | 76.225 % | £173,030 | £400,030 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £323,204 | £315,000 | 18 LESLIE ROAD |
2 Oct 2023 | £174,974 | £171,000 | 39 EXETER ROAD |
10 Mar 2023 | £317,807 | £312,500 | 7 LESLIE ROAD |
1 Jun 2022 | £127,730 | £125,000 | 57 BIRRELL ROAD |
22 Apr 2022 | £324,713 | £313,000 | 1 PREMIER ROAD |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 14 Dec 2016. Using an estimated price of £388,161 means this house is valued at £2,296 per sq meter (£213 per sq foot).
The average size of a house on LESLIE ROAD is 110 sq meters (1,191 sq feet).