£193,339
This estimated value is based upon the latest sale price for the house of £108,000 on 17 Feb 2006. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £108,000 | 17 Feb 2006 |
| £45,000 | 26 Apr 2002 |
| £33,500 | 12 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 February 2006 the House Price Index for CITY OF NOTTINGHAM was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £108,000 results in an estimated price of approximately £193,339.
| 17 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £108,000 | £85,339 | £193,339 |
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 | 64.433 % | £69,588 | £177,588 |
| 3 Month Average | 68.459 % | £73,935 | £181,935 |
| 6 Month Average | 45.697 % | £49,352 | £157,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £200,079 | £195,000 | 72 HARTLEY ROAD |
| 17 Apr 2023 | £192,602 | £189,000 | 4 CREWE CLOSE |
| 16 Jan 2023 | £115,308 | £115,000 | 18 COPE STREET |
| 5 Oct 2022 | £134,551 | £135,000 | 59 WIMBOURNE ROAD |
| 19 Aug 2022 | £140,658 | £140,000 | 60 HARTLEY ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 12 Jul 2018. Using an estimated price of £193,340 means this house is valued at £2,301 per sq meter (£213 per sq foot).
The average size of a house on WIMBOURNE ROAD is 96 sq meters (1,040 sq feet).