£166,563
This estimated value is based upon the latest sale price for the house of £130,000 on 2 Jun 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£130,000 | 2 Jun 2017 |
£95,000 | 22 Nov 2016 |
£145,000 | 25 Jul 2008 |
Semi-Detached |
Freehold |
Floor Area: 32 sq meters or 345 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 June 2017 the House Price Index for NOTTINGHAMSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £130,000 results in an estimated price of approximately £166,563.
2 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £130,000 | £36,563 | £166,563 |
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 | 45.467 % | £59,107 | £189,107 |
3 Month Average | 53.343 % | £69,346 | £199,346 |
6 Month Average | 52.588 % | £68,364 | £198,364 |
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 32 sq meters or 345 sq feet when measured on 6 Oct 2008. Using an estimated price of £166,563 means this house is valued at £5,187 per sq meter (£481 per sq foot).
The average size of a house on KING ROAD is 75 sq meters (814 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (345 sq feet).