£175,260
This estimated value is based upon the latest sale price for the house of £138,000 on 6 Nov 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £138,000 | 6 Nov 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2017 the House Price Index for CITY OF NOTTINGHAM was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £138,000 results in an estimated price of approximately £175,260.
| 6 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £138,000 | £37,260 | £175,260 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 50.422 % | £69,581 | £207,581 |
| 3 Month Average | 44.057 % | £60,798 | £198,798 |
| 6 Month Average | 40.717 % | £56,188 | £194,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £317,204 | £310,000 | 35 GLENDON DRIVE |
| 28 Sep 2023 | £256,658 | £251,000 | 218 PERRY ROAD |
| 8 Sep 2023 | £199,396 | £195,000 | 64 GLENDON DRIVE |
| 25 Aug 2023 | £291,253 | £286,000 | 17 WIMBLEDON ROAD |
| 31 Mar 2023 | £223,736 | £220,000 | 56 GLENDON DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 25 Apr 2017. Using an estimated price of £175,260 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on HENLEY RISE is 100 sq meters (1,082 sq feet).