£139,535
This estimated value is based upon the latest sale price for the house of £115,000 on 26 Mar 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£115,000 | 26 Mar 2020 |
£95,000 | 16 Dec 2016 |
£80,000 | 16 Jun 2010 |
£88,141 | 3 Aug 2004 |
£33,000 | 3 Mar 1997 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 March 2020 the House Price Index for CITY OF NOTTINGHAM was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £115,000 results in an estimated price of approximately £139,535.
26 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £115,000 | £24,535 | £139,535 |
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 | 9.425 % | £10,838 | £125,838 |
3 Month Average | 56.413 % | £64,875 | £179,875 |
6 Month Average | 28.071 % | £32,282 | £147,282 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £225,730 | £220,000 | 32 RUSSELL ROAD |
13 Nov 2023 | £64,641 | £63,000 | 25 WINDERMERE ROAD |
2 Oct 2023 | £273,205 | £267,000 | 64 AUSTEN AVENUE |
17 Mar 2023 | £142,378 | £140,000 | 50 LAURIE AVENUE |
20 Jan 2023 | £162,434 | £162,000 | 40 RUSSELL ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 26 Mar 2020. Using an estimated price of £139,536 means this house is valued at £1,938 per sq meter (£180 per sq foot).
The average size of a house on LAURIE AVENUE is 84 sq meters (909 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Laurie Avenue |
Jul 2024 | Anti-social behaviour | On or near Laurie Avenue | |
Jul 2024 | Anti-social behaviour | On or near Laurie Avenue | |
Jul 2024 | Anti-social behaviour | On or near Laurie Avenue | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Laurie Avenue |