£89,564
This estimated value is based upon the latest sale price for the house of £70,000 on 3 Aug 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 3 Aug 2017 |
| £23,000 | 15 Nov 1999 |
| £33,500 | 31 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 August 2017 the House Price Index for NOTTINGHAMSHIRE was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £70,000 results in an estimated price of approximately £89,564.
| 3 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £70,000 | £19,564 | £89,564 |
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 | 18.855 % | £13,198 | £83,198 |
| 3 Month Average | 19.969 % | £13,978 | £83,978 |
| 6 Month Average | 44.651 % | £31,255 | £101,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £167,652 | £162,500 | 197 BOBBERS MILL ROAD |
| 8 Dec 2023 | £92,853 | £90,000 | 188 BOBBERS MILL ROAD |
| 31 Mar 2023 | £167,802 | £165,000 | 193 BOBBERS MILL ROAD |
| 11 Mar 2022 | £135,711 | £130,000 | 5 SOUTHPORT TERRACE |
| 15 Nov 2021 | £103,504 | £95,000 | 13 OAKLAND STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 8 Dec 2016. Using an estimated price of £89,564 means this house is valued at £995 per sq meter (£92 per sq foot).
The average size of a house on FRETWELL STREET is 78 sq meters (848 sq feet).
This house is the largest in the street with a floor area of 90 sq meters (968 sq feet).