£55,630
This estimated value is based upon the latest sale price for the house of £44,000 on 30 Jan 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £44,000 | 30 Jan 2018 |
| £39,000 | 21 Nov 2012 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 January 2018 the House Price Index for NOTTINGHAMSHIRE was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £44,000 results in an estimated price of approximately £55,630.
| 30 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £44,000 | £11,630 | £55,630 |
The Postcode Pricing Model uses changes in average sales price within the NG17 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 | 3.086 % | £1,357 | £45,357 |
| 3 Month Average | 41.308 % | £18,175 | £62,175 |
| 6 Month Average | 40.283 % | £17,724 | £61,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £61,444 | £60,500 | 4 DOWNING STREET |
| 15 Sep 2023 | £102,254 | £100,000 | 40 ALFRED STREET |
| 25 Aug 2023 | £115,330 | £113,250 | 24 DOWNING STREET |
| 18 Aug 2023 | £101,837 | £100,000 | 15 MANSFIELD ROAD |
| 30 Mar 2023 | £294,925 | £290,000 | KWIK-FIT MANSFIELD ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 31 Oct 2012. Using an estimated price of £55,631 means this house is valued at £1,324 per sq meter (£123 per sq foot).
The average size of a house on MANSFIELD ROAD is 84 sq meters (907 sq feet).