£80,072
This estimated value is based upon the latest sale price for the house of £64,500 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £64,500 | 12 Oct 2018 |
| £48,500 | 17 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 October 2018 the House Price Index for NOTTINGHAMSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £64,500 results in an estimated price of approximately £80,072.
| 12 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £64,500 | £15,572 | £80,072 |
The Postcode Pricing Model uses changes in average sales price within the S80 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 | -14.994 % | £-9,671 | £54,828 |
| 3 Month Average | 21.227 % | £13,691 | £78,191 |
| 6 Month Average | 17.017 % | £10,976 | £75,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £83,563 | £82,000 | 48 TRENT STREET |
| 12 Aug 2022 | £90,925 | £90,500 | 77 JOHN STREET |
| 12 Apr 2022 | £67,432 | £65,000 | 20 JOHN STREET |
| 12 Apr 2022 | £163,913 | £158,000 | 8 CANALSIDE MEWS |
| 28 Mar 2022 | £64,724 | £62,000 | 82 CRESSWELL STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 11 Dec 2015. Using an estimated price of £80,072 means this house is valued at £920 per sq meter (£85 per sq foot).
The average size of a house on JOHN STREET is 84 sq meters (914 sq feet).