£317,534
This estimated value is based upon the latest sale price for the house of £275,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £275,000 | 27 Nov 2020 |
| £180,000 | 23 Jul 2010 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 November 2020 the House Price Index for NOTTINGHAMSHIRE was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £275,000 results in an estimated price of approximately £317,534.
| 27 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £275,000 | £42,534 | £317,534 |
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 | -7.396 % | £-20,339 | £254,660 |
| 3 Month Average | -4.861 % | £-13,368 | £261,631 |
| 6 Month Average | -2.563 % | £-7,049 | £267,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £283,641 | £280,000 | 4 ROWAN CRESCENT |
| 28 Jul 2023 | £297,817 | £295,000 | 33 ROBINSON DRIVE |
| 17 Mar 2023 | £301,630 | £300,000 | 2 ALDER CLOSE |
| 30 Aug 2022 | £287,060 | £289,000 | 8 ROWAN CRESCENT |
| 5 Nov 2021 | £317,758 | £295,000 | 12 ROWAN CRESCENT |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 15 Jun 2020. Using an estimated price of £317,535 means this house is valued at £2,713 per sq meter (£252 per sq foot).
The average size of a house on ROBINSON DRIVE is 142 sq meters (1,534 sq feet).