£180,806
This estimated value is based upon the latest sale price for the house of £110,000 on 29 Jul 2008. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£110,000 | 29 Jul 2008 |
£50,000 | 24 Jan 2005 |
Terraced |
Freehold |
Floor Area: 38 sq meters or 413 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 July 2008 the House Price Index for NOTTINGHAMSHIRE was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £110,000 results in an estimated price of approximately £180,806.
29 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.6 | 64.370 % | £110,000 | £70,806 | £180,806 |
The Postcode Pricing Model uses changes in average sales price within the NG20 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 | 32.481 % | £35,729 | £145,729 |
3 Month Average | 58.143 % | £63,957 | £173,957 |
6 Month Average | 50.768 % | £55,844 | £165,844 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £252,206 | £250,000 | 37 KING ROAD |
14 Apr 2022 | £264,658 | £257,000 | 34 OCEAN DRIVE |
3 Dec 2021 | £294,629 | £275,000 | 6 WATERFIELD AVENUE |
5 Nov 2021 | £194,672 | £180,000 | 2 OCEAN DRIVE |
21 Oct 2021 | £248,958 | £225,000 | 1 OCEAN DRIVE |
This house has a floor area of 38 sq meters or 413 sq feet when measured on 6 Oct 2008. Using an estimated price of £180,807 means this house is valued at £4,701 per sq meter (£436 per sq foot).
The average size of a house on KING ROAD is 75 sq meters (814 sq feet).