£167,051
This estimated value is based upon the latest sale price for the house of £95,000 on 26 May 2006. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £95,000 | 26 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2006 the House Price Index for CITY OF NOTTINGHAM was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £95,000 results in an estimated price of approximately £167,051.
| 26 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £95,000 | £72,051 | £167,051 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 82.180 % | £78,071 | £173,071 |
| 3 Month Average | 74.635 % | £70,903 | £165,903 |
| 6 Month Average | 71.088 % | £67,533 | £162,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £332,891 | £330,000 | 22 BERNARD STREET |
| 28 Apr 2023 | £198,717 | £195,000 | 33 BERNARD STREET |
| 1 Mar 2023 | £129,665 | £127,500 | 39 BERNARD STREET |
| 10 Oct 2022 | £134,551 | £135,000 | 2B CHURCH DRIVE |
| 2 Sep 2022 | £184,876 | £185,000 | 37 BERNARD STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 22 Sep 2016. Using an estimated price of £167,052 means this house is valued at £2,198 per sq meter (£204 per sq foot).
The average size of a house on BERNARD STREET is 89 sq meters (961 sq feet).