£134,431
This estimated value is based upon the latest sale price for the house of £120,500 on 25 Aug 2021. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £120,500 | 25 Aug 2021 |
| £87,500 | 26 Aug 2010 |
| £89,000 | 8 Jun 2006 |
| £29,200 | 1 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 August 2021 the House Price Index for CITY OF NOTTINGHAM was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £120,500 results in an estimated price of approximately £134,431.
| 25 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £120,500 | £13,931 | £134,431 |
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 | -33.801 % | £-40,730 | £79,769 |
| 3 Month Average | -24.676 % | £-29,734 | £90,765 |
| 6 Month Average | -19.757 % | £-23,807 | £96,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £147,582 | £145,000 | 1B SANDON STREET |
| 29 Sep 2023 | £101,295 | £100,000 | 57 NOTTINGHAM ROAD |
| 28 Sep 2023 | £121,554 | £120,000 | 1 SANDON STREET |
| 21 Jul 2023 | £238,206 | £235,000 | 39 SANDON STREET |
| 13 Apr 2023 | £181,959 | £180,000 | 78 SANDON STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 12 May 2019. Using an estimated price of £134,432 means this house is valued at £1,385 per sq meter (£128 per sq foot).
The average size of a house on HOLLIS STREET is 84 sq meters (908 sq feet).