£126,978
This estimated value is based upon the latest sale price for the house of £74,945 on 22 Oct 2010. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £74,945 | 22 Oct 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,081 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 October 2010 the House Price Index for NOTTINGHAMSHIRE was 87.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.428%.Applying this 69.428% change to the original purchase price of £74,945 results in an estimated price of approximately £126,978.
| 22 Oct 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.0 | 69.428 % | £74,945 | £52,033 | £126,978 |
The Postcode Pricing Model uses changes in average sales price within the S80 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 | 54.069 % | £40,522 | £115,467 |
| 3 Month Average | 18.407 % | £13,794 | £88,739 |
| 6 Month Average | 18.686 % | £14,004 | £88,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £98,261 | £97,000 | 19 HARRINGTON STREET |
| 1 Nov 2023 | £105,352 | £104,000 | 16 STUBBING LANE |
| 7 Jun 2023 | £83,174 | £82,500 | 69 NEWCASTLE AVENUE |
| 28 Apr 2023 | £115,861 | £115,000 | 21 HARRINGTON STREET |
| 3 Apr 2023 | £98,734 | £98,000 | 1 THE WILLOWS |
This house has a floor area of 100 sq meters or 1,081 sq feet when measured on 17 Feb 2010. Using an estimated price of £126,978 means this house is valued at £1,263 per sq meter (£117 per sq foot).
The average size of a house on NEWCASTLE AVENUE is 100 sq meters (1,084 sq feet).