£341,698
This estimated value is based upon the latest sale price for the house of £146,000 on 28 Jul 2003. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £146,000 | 28 Jul 2003 |
| £48,250 | 14 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 July 2003 the House Price Index for CITY OF NOTTINGHAM was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £146,000 results in an estimated price of approximately £341,698.
| 28 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 149.7 | 134.040 % | £146,000 | £195,698 | £341,698 |
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 | 57.534 % | £83,999 | £229,999 |
| 3 Month Average | 88.434 % | £129,113 | £275,113 |
| 6 Month Average | 124.141 % | £181,246 | £327,246 |
| 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 119 sq meters or 1,280 sq feet when measured on 21 Jan 2019. Using an estimated price of £341,699 means this house is valued at £2,871 per sq meter (£266 per sq foot).
The average size of a house on ROTHESAY AVENUE is 115 sq meters (1,243 sq feet).