£120,420
This estimated value is based upon the latest sale price for the house of £62,500 on 23 Aug 2004. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £62,500 | 23 Aug 2004 |
| £27,950 | 9 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in August 2004 the House Price Index for NOTTINGHAMSHIRE was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £62,500 results in an estimated price of approximately £120,420.
| 23 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £62,500 | £57,920 | £120,420 |
The Postcode Pricing Model uses changes in average sales price within the S80 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 | 55.136 % | £34,459 | £96,959 |
| 3 Month Average | 48.647 % | £30,404 | £92,904 |
| 6 Month Average | 56.696 % | £35,435 | £97,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £87,292 | £86,000 | 41 GRAFTON STREET |
| 18 Aug 2023 | £72,635 | £72,000 | 2 CAMBRIA TERRACE |
| 15 Aug 2023 | £87,768 | £87,000 | 33 GRAFTON STREET |
| 6 Apr 2023 | £85,925 | £85,000 | 13 GRAFTON STREET |
| 9 Jan 2023 | £56,733 | £57,000 | 6 SPEEDWELL PLACE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 22 Feb 2019. Using an estimated price of £120,421 means this house is valued at £2,112 per sq meter (£196 per sq foot).
The average size of a house on SPEEDWELL PLACE is 92 sq meters (992 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).