£323,627
This estimated value is based upon the latest sale price for the house of £199,995 on 26 Apr 2007. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £199,995 | 26 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 April 2007 the House Price Index for CITY OF NOTTINGHAM was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £199,995 results in an estimated price of approximately £323,627.
| 26 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £199,995 | £123,632 | £323,627 |
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 | 33.422 % | £66,841 | £266,836 |
| 3 Month Average | 56.414 % | £112,825 | £312,820 |
| 6 Month Average | 74.035 % | £148,065 | £348,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £127,123 | £125,000 | 15 SCOTHOLME AVENUE |
| 10 Mar 2023 | £174,921 | £172,000 | FLAT 7 270 RADFORD ROAD |
| 10 Mar 2023 | £221,702 | £218,000 | FLAT 3 272 RADFORD ROAD |
| 10 Mar 2023 | £221,702 | £218,000 | FLAT 2 272 RADFORD ROAD |
| 29 Jul 2022 | £89,901 | £89,000 | 4 SCOTHOLME AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 19 Aug 2019. Using an estimated price of £323,627 means this house is valued at £4,759 per sq meter (£442 per sq foot).
The average size of a house on RADFORD ROAD is 98 sq meters (1,055 sq feet).