£135,460
This estimated value is based upon the latest sale price for the house of £30,000 on 5 Mar 1999. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £30,000 | 5 Mar 1999 |
| £35,000 | 13 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 March 1999 the House Price Index for NOTTINGHAMSHIRE was 33.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 351.534%.Applying this 351.534% change to the original purchase price of £30,000 results in an estimated price of approximately £135,460.
| 5 Mar 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 149.7 | 351.534 % | £30,000 | £105,460 | £135,460 |
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 | 317.601 % | £95,280 | £125,280 |
| 3 Month Average | 327.551 % | £98,265 | £128,265 |
| 6 Month Average | 383.154 % | £114,946 | £144,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £350,318 | £344,000 | 40 TEVERSAL AVENUE |
| 19 Apr 2023 | £438,196 | £430,000 | 53 TEVERSAL AVENUE |
| 7 Nov 2022 | £233,906 | £235,000 | 34 ROTHESAY AVENUE |
| 12 Jan 2022 | £386,972 | £365,000 | 20 TEVERSAL AVENUE |
| 19 Nov 2021 | £457,598 | £420,000 | 61 ROTHESAY AVENUE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 10 Apr 2019. Using an estimated price of £135,460 means this house is valued at £1,026 per sq meter (£95 per sq foot).
The average size of a house on ROTHESAY AVENUE is 115 sq meters (1,243 sq feet).