£137,479
This estimated value is based upon the latest sale price for the house of £135,000 on 31 Aug 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £135,000 | 31 Aug 2023 |
| £31,000 | 3 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in August 2023 the House Price Index for CITY OF NOTTINGHAM was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £135,000 results in an estimated price of approximately £137,479.
| 31 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £135,000 | £2,479 | £137,479 |
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 | -6.705 % | £-9,051 | £125,948 |
| 3 Month Average | 2.423 % | £3,270 | £138,270 |
| 6 Month Average | 12.530 % | £16,914 | £151,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £137,480 | £135,000 | 159 GLADSTONE STREET |
| 6 Jun 2023 | £122,454 | £120,000 | 165 GLADSTONE STREET |
| 3 Jan 2023 | £104,279 | £104,000 | 175 GLADSTONE STREET |
| 9 Jun 2022 | £127,730 | £125,000 | 38 STURTON STREET |
| 28 Apr 2022 | £137,458 | £132,500 | 30 STURTON STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 27 Jan 2015. Using an estimated price of £137,480 means this house is valued at £1,762 per sq meter (£163 per sq foot).
The average size of a house on GLADSTONE STREET is 82 sq meters (892 sq feet).