£129,136
This estimated value is based upon the latest sale price for the house of £75,000 on 12 Mar 2012. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 12 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 916 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 March 2012 the House Price Index for NOTTINGHAMSHIRE was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £75,000 results in an estimated price of approximately £129,136.
| 12 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £75,000 | £54,136 | £129,136 |
The Postcode Pricing Model uses changes in average sales price within the NG24 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 | 50.841 % | £38,130 | £113,130 |
| 3 Month Average | 59.099 % | £44,324 | £119,324 |
| 6 Month Average | 57.000 % | £42,750 | £117,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £127,383 | £125,000 | 27 BOWBRIDGE ROAD |
| 27 Jan 2023 | £136,364 | £136,000 | 12 SYDNEY TERRACE |
| 29 Jul 2022 | £133,336 | £132,000 | 107 BOWBRIDGE ROAD |
| 14 Jul 2022 | £91,416 | £90,500 | 42 BOWBRIDGE ROAD |
| 6 Jun 2022 | £145,102 | £142,000 | 67 BOWBRIDGE ROAD |
This house has a floor area of 85 sq meters or 916 sq feet when measured on 22 Nov 2011. Using an estimated price of £129,136 means this house is valued at £1,516 per sq meter (£140 per sq foot).
The average size of a house on BOWBRIDGE ROAD is 87 sq meters (944 sq feet).