£208,955
This estimated value is based upon the latest sale price for the house of £120,000 on 31 Aug 2011. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £120,000 | 31 Aug 2011 |
| £180,000 | 27 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 986 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 2011 the House Price Index for CITY OF NOTTINGHAM was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £120,000 results in an estimated price of approximately £208,955.
| 31 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £120,000 | £88,955 | £208,955 |
The Postcode Pricing Model uses changes in average sales price within the NG1 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 | -37.850 % | £-45,419 | £74,580 |
| 3 Month Average | 0.498 % | £597 | £120,597 |
| 6 Month Average | 37.372 % | £44,845 | £164,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £495,000 | £495,000 | 196 MANSFIELD ROAD |
| 22 Apr 2024 | £237,059 | £235,000 | 203 MANSFIELD ROAD |
| 28 Oct 2022 | £319,931 | £321,000 | 197 NORTH SHERWOOD STREET |
| 28 Oct 2022 | £319,931 | £321,000 | 199 NORTH SHERWOOD STREET |
| 5 Jul 2022 | £272,733 | £270,000 | 3 NEWSTEAD GROVE |
This house has a floor area of 91 sq meters or 986 sq feet when measured on 16 Mar 2011. Using an estimated price of £208,956 means this house is valued at £2,280 per sq meter (£211 per sq foot).
The average size of a house on MANSFIELD ROAD is 128 sq meters (1,388 sq feet).