£185,425
This estimated value is based upon the latest sale price for the house of £109,000 on 8 Oct 2010. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £109,000 | 8 Oct 2010 |
| Flats/Maisonettes |
| Leasehold |
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 2010 the House Price Index for CITY OF NOTTINGHAM was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £109,000 results in an estimated price of approximately £185,425.
| 8 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £109,000 | £76,425 | £185,425 |
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 | 60.997 % | £66,486 | £175,486 |
| 3 Month Average | 58.365 % | £63,618 | £172,618 |
| 6 Month Average | 67.644 % | £73,731 | £182,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £150,000 | £150,000 | FLAT 4 RALEIGH SQUARE RALEIGH STREET |
| 25 Aug 2023 | £156,368 | £155,000 | FLAT 19 RALEIGH SQUARE RALEIGH STREET |
| 5 Jul 2023 | £187,524 | £185,000 | FLAT 86 RALEIGH SQUARE RALEIGH STREET |
| 24 Feb 2023 | £159,892 | £160,000 | FLAT 29 RALEIGH SQUARE RALEIGH STREET |
| 10 Feb 2023 | £149,899 | £150,000 | FLAT 10 RALEIGH SQUARE RALEIGH STREET |