£271,148
This estimated value is based upon the latest sale price for the house of £148,500 on 20 Nov 2005. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £148,500 | 20 Nov 2005 |
| £70,000 | 28 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,461 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 November 2005 the House Price Index for NOTTINGHAMSHIRE was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £148,500 results in an estimated price of approximately £271,148.
| 20 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £148,500 | £122,648 | £271,148 |
The Postcode Pricing Model uses changes in average sales price within the NG24 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 | 80.229 % | £119,139 | £267,639 |
| 3 Month Average | 66.015 % | £98,032 | £246,532 |
| 6 Month Average | 62.246 % | £92,435 | £240,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £127,383 | £125,000 | 27 BOWBRIDGE ROAD |
| 27 Jan 2023 | £136,364 | £136,000 | 12 SYDNEY TERRACE |
| 29 Jul 2022 | £133,336 | £132,000 | 107 BOWBRIDGE ROAD |
| 14 Jul 2022 | £91,416 | £90,500 | 42 BOWBRIDGE ROAD |
| 6 Jun 2022 | £145,102 | £142,000 | 67 BOWBRIDGE ROAD |
This house has a floor area of 135 sq meters or 1,461 sq feet when measured on 23 Sep 2009. Using an estimated price of £271,149 means this house is valued at £1,997 per sq meter (£185 per sq foot).
The average size of a house on BOWBRIDGE ROAD is 87 sq meters (944 sq feet).