£139,421
This estimated value is based upon the latest sale price for the house of £110,000 on 27 Sep 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£110,000 | 27 Sep 2017 |
£97,500 | 23 Sep 2014 |
£92,000 | 21 Feb 2011 |
£120,000 | 19 Dec 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 September 2017 the House Price Index for CITY OF NOTTINGHAM was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £110,000 results in an estimated price of approximately £139,421.
27 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £110,000 | £29,421 | £139,421 |
The Postcode Pricing Model uses changes in average sales price within the NG1 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 | 37.098 % | £40,807 | £150,807 |
3 Month Average | -12.940 % | £-14,234 | £95,765 |
6 Month Average | 13.252 % | £14,577 | £124,577 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2020 | £161,460 | £132,000 | 101 ROPEWALK COURT DERBY ROAD |
2 Mar 2020 | £210,776 | £175,000 | 72 ROPEWALK COURT UPPER COLLEGE STREET |
20 Nov 2019 | £153,306 | £125,000 | 61 ROPEWALK COURT UPPER COLLEGE STREET |
13 Nov 2019 | £137,362 | £112,000 | 102 ROPEWALK COURT DERBY ROAD |
23 Oct 2019 | £153,290 | £125,000 | 119 ROPEWALK COURT DERBY ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 31 Jan 2019. Using an estimated price of £139,421 means this house is valued at £2,845 per sq meter (£264 per sq foot).
The average size of a house on DERBY ROAD is 61 sq meters (662 sq feet).