£55,546
This estimated value is based upon the latest sale price for the house of £17,000 on 26 Oct 2001. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £17,000 | 26 Oct 2001 |
| £23,500 | 30 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 October 2001 the House Price Index for CITY OF NOTTINGHAM was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £17,000 results in an estimated price of approximately £55,546.
| 26 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 149.7 | 226.742 % | £17,000 | £38,546 | £55,546 |
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 | 207.202 % | £35,224 | £52,224 |
| 3 Month Average | 257.327 % | £43,745 | £60,745 |
| 6 Month Average | 225.975 % | £38,415 | £55,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £167,652 | £162,500 | 197 BOBBERS MILL ROAD |
| 8 Dec 2023 | £92,853 | £90,000 | 188 BOBBERS MILL ROAD |
| 31 Mar 2023 | £167,802 | £165,000 | 193 BOBBERS MILL ROAD |
| 11 Mar 2022 | £135,711 | £130,000 | 5 SOUTHPORT TERRACE |
| 15 Nov 2021 | £103,504 | £95,000 | 13 OAKLAND STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 Nov 2019. Using an estimated price of £55,546 means this house is valued at £816 per sq meter (£75 per sq foot).
The average size of a house on FRETWELL STREET is 78 sq meters (848 sq feet).