£149,981
This estimated value is based upon the latest sale price for the house of £87,300 on 25 May 2012. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£87,300 | 25 May 2012 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 May 2012 the House Price Index for NOTTINGHAMSHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £87,300 results in an estimated price of approximately £149,981.
25 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £87,300 | £62,681 | £149,981 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | 13.960 % | £12,186 | £99,486 |
3 Month Average | 67.143 % | £58,615 | £145,915 |
6 Month Average | 76.557 % | £66,834 | £154,134 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £182,809 | £180,000 | 47 BRAMBLE LANE |
20 Nov 2023 | £189,818 | £185,000 | 10 BRACKEN HILL |
10 Feb 2023 | £246,648 | £245,000 | 180 OAK TREE LANE |
27 Jan 2023 | £197,528 | £197,000 | 9 BRACKEN HILL |
1 Aug 2022 | £386,859 | £385,050 | 166 OAK TREE LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 Feb 2014. Using an estimated price of £149,981 means this house is valued at £2,112 per sq meter (£196 per sq foot).
The average size of a house on BRAMBLE LANE is 83 sq meters (901 sq feet).