£79,234
This estimated value is based upon the latest sale price for the house of £75,000 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 18 Feb 2022 |
| £65,000 | 22 May 2019 |
| £55,000 | 26 May 2006 |
| £50,000 | 15 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 February 2022 the House Price Index for NOTTINGHAMSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £75,000 results in an estimated price of approximately £79,234.
| 18 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £75,000 | £4,234 | £79,234 |
The Postcode Pricing Model uses changes in average sales price within the NG17 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 | -6.591 % | £-4,943 | £70,056 |
| 3 Month Average | 17.214 % | £12,910 | £87,910 |
| 6 Month Average | 5.310 % | £3,982 | £78,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2023 | £259,694 | £259,000 | 8 BIRCHWOOD CLOSE |
| 28 Oct 2022 | £164,451 | £165,000 | 2 GILCROFT STREET |
| 16 Jun 2022 | £91,966 | £90,000 | 72 MANSFIELD ROAD |
| 8 Apr 2022 | £183,624 | £177,000 | 41 BIRCHWOOD DRIVE |
| 29 Mar 2022 | £208,787 | £200,000 | 22 BIRCHWOOD DRIVE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 14 Oct 2021. Using an estimated price of £79,234 means this house is valued at £1,467 per sq meter (£136 per sq foot).
The average size of a house on WEST HILL is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Legion Drive |