£109,280
This estimated value is based upon the latest sale price for the house of £21,000 on 28 May 1997. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £21,000 | 28 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 May 1997 the House Price Index for NOTTINGHAMSHIRE was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £21,000 results in an estimated price of approximately £109,280.
| 28 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £21,000 | £88,280 | £109,280 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | 357.415 % | £75,057 | £96,057 |
| 3 Month Average | 325.136 % | £68,278 | £89,278 |
| 6 Month Average | 327.728 % | £68,822 | £89,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £288,877 | £280,000 | 39 PIMLICO AVENUE |
| 6 Oct 2023 | £493,713 | £482,500 | 20 LATIMER DRIVE |
| 23 Jun 2023 | £112,249 | £110,000 | 54 CALDERDALE |
| 2 Feb 2023 | £85,572 | £85,000 | 12 INGLEBY CLOSE |
| 11 Aug 2022 | £140,658 | £140,000 | 12 FYLINGDALE WAY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 25 Aug 2020. Using an estimated price of £109,280 means this house is valued at £1,917 per sq meter (£178 per sq foot).
The average size of a house on CALDERDALE is 72 sq meters (782 sq feet).