£124,979
This estimated value is based upon the latest sale price for the house of £75,500 on 8 Dec 2006. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £75,500 | 8 Dec 2006 |
| £61,000 | 19 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 December 2006 the House Price Index for CITY OF NOTTINGHAM was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £75,500 results in an estimated price of approximately £124,979.
| 8 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £75,500 | £49,479 | £124,979 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 44.236 % | £33,398 | £108,898 |
| 3 Month Average | 84.390 % | £63,714 | £139,214 |
| 6 Month Average | 64.765 % | £48,897 | £124,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £181,589 | £180,000 | 57 INGRAM ROAD |
| 10 Jul 2023 | £86,160 | £85,000 | FLAT 3 OLD CHURCH PLACE BROOMHILL ROAD |
| 2 Mar 2023 | £113,065 | £112,000 | 96 BROOMHILL ROAD |
| 18 Jan 2023 | £179,156 | £180,000 | 49 BROOMHILL ROAD |
| 9 Sep 2022 | £132,431 | £133,500 | 64 INGRAM ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 30 Jul 2019. Using an estimated price of £124,979 means this house is valued at £1,453 per sq meter (£135 per sq foot).
The average size of a house on BROOMHILL ROAD is 94 sq meters (1,015 sq feet).