£97,995
This estimated value is based upon the latest sale price for the house of £27,000 on 1 Dec 2000. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £27,000 | 1 Dec 2000 |
| £23,000 | 23 Jul 1999 |
| Terraced |
| Freehold |
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 December 2000 the House Price Index for CITY OF NOTTINGHAM was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £27,000 results in an estimated price of approximately £97,995.
| 1 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 149.7 | 262.947 % | £27,000 | £70,995 | £97,995 |
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 | 295.614 % | £79,815 | £106,815 |
| 3 Month Average | 349.384 % | £94,333 | £121,333 |
| 6 Month Average | 333.397 % | £90,017 | £117,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £158,000 | £158,000 | 225 AMESBURY CIRCUS |
| 23 Mar 2023 | £185,091 | £182,000 | 78 BELLS LANE |
| 23 Feb 2023 | £186,244 | £185,000 | 80 BELLS LANE |
| 27 Jan 2023 | £165,442 | £165,000 | 156 AMESBURY CIRCUS |
| 21 Oct 2022 | £172,424 | £173,000 | 36 BELLS LANE |