£184,429
This estimated value is based upon the latest sale price for the house of £152,000 on 5 Mar 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £152,000 | 5 Mar 2020 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 59 sq meters or 635 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 March 2020 the House Price Index for CITY OF NOTTINGHAM was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £152,000 results in an estimated price of approximately £184,429.
| 5 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £152,000 | £32,429 | £184,429 |
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 | 4.528 % | £6,882 | £158,882 |
| 3 Month Average | 34.898 % | £53,044 | £205,044 |
| 6 Month Average | 41.993 % | £63,829 | £215,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £171,489 | £170,000 | 119 BERRIDGE ROAD |
| 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 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 16 Nov 2016. Using an estimated price of £184,430 means this house is valued at £3,125 per sq meter (£290 per sq foot).
The average size of a house on GLADSTONE STREET is 82 sq meters (892 sq feet).