£737,765
This estimated value is based upon the latest sale price for the house of £130,000 on 17 Apr 1996. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£130,000 | 17 Apr 1996 |
Flats/Maisonettes |
Freehold |
Floor Area: 103 sq meters or 1,108 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 April 1996 the House Price Index for NOTTINGHAMSHIRE was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.512%.Applying this 467.512% change to the original purchase price of £130,000 results in an estimated price of approximately £737,765.
17 Apr 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.512 % | £130,000 | £607,765 | £737,765 |
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 | 281.549 % | £366,013 | £496,013 |
3 Month Average | 429.375 % | £558,188 | £688,188 |
6 Month Average | 400.964 % | £521,253 | £651,253 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £155,959 | £152,000 | 96 GREGORY BOULEVARD |
11 Oct 2023 | £122,789 | £120,000 | 54 HOLLAND STREET |
14 Apr 2023 | £122,236 | £119,950 | FLAT 16 WESTBRIDGE HOUSE, 1 HOLLAND STREET |
17 Mar 2023 | £162,717 | £160,000 | 38 ST PAULS AVENUE |
6 Feb 2023 | £153,022 | £152,000 | 52 ST PAULS AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 20 Jun 2017. Using an estimated price of £737,766 means this house is valued at £7,162 per sq meter (£665 per sq foot).
The average size of a house on GREGORY BOULEVARD is 122 sq meters (1,318 sq feet).