£199,006
This estimated value is based upon the latest sale price for the house of £154,950 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £154,950 | 21 Jul 2017 |
| £124,950 | 24 Jul 2012 |
| Terraced |
| Freehold |
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 July 2017 the House Price Index for NOTTINGHAMSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £154,950 results in an estimated price of approximately £199,006.
| 21 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £154,950 | £44,056 | £199,006 |
The Postcode Pricing Model uses changes in average sales price within the NG9 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 | 19.960 % | £30,928 | £185,878 |
| 3 Month Average | 33.699 % | £52,217 | £207,167 |
| 6 Month Average | 40.295 % | £62,437 | £217,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £230,860 | £225,000 | 16 HUTTON CLOSE |
| 1 Aug 2023 | £347,263 | £341,000 | 29 SANDY LANE |
| 21 Apr 2023 | £214,003 | £210,000 | 38 CARWOOD ROAD |
| 8 Aug 2022 | £326,527 | £325,000 | 65 SANDY LANE |
| 21 Feb 2022 | £221,803 | £209,950 | 22 CARWOOD ROAD |