£127,730
This estimated value is based upon the latest sale price for the house of £125,000 on 9 Jun 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £125,000 | 9 Jun 2022 |
| £56,500 | 2 Dec 2011 |
| £73,000 | 4 Apr 2006 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 626 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 June 2022 the House Price Index for CITY OF NOTTINGHAM was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £125,000 results in an estimated price of approximately £127,730.
| 9 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £125,000 | £2,730 | £127,730 |
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 | -8.064 % | £-10,079 | £114,920 |
| 3 Month Average | 6.653 % | £8,316 | £133,316 |
| 6 Month Average | 22.961 % | £28,701 | £153,701 |
| 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 58 sq meters or 626 sq feet when measured on 16 Dec 2009. Using an estimated price of £127,730 means this house is valued at £2,196 per sq meter (£204 per sq foot).
The average size of a house on STURTON STREET is 75 sq meters (808 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (626 sq feet).