£504,620
This estimated value is based upon the latest sale price for the house of £208,000 on 5 Mar 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 |
---|---|
£208,000 | 5 Mar 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 March 2003 the House Price Index for CITY OF NOTTINGHAM was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £208,000 results in an estimated price of approximately £504,620.
5 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 148.6 | 142.606 % | £208,000 | £296,620 | £504,620 |
The Postcode Pricing Model uses changes in average sales price within the NG1 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 | 42.041 % | £87,445 | £295,445 |
3 Month Average | 18.659 % | £38,810 | £246,810 |
6 Month Average | 47.935 % | £99,705 | £307,705 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £398,486 | £395,000 | APARTMENT 62 THE ARENA STANDARD HILL |
31 Jul 2023 | £200,194 | £197,500 | APARTMENT 38 THE ARENA STANDARD HILL |
5 Apr 2023 | £414,463 | £410,000 | FLAT 28 ROYAL STANDARD HOUSE STANDARD HILL |
20 Feb 2023 | £161,391 | £161,500 | APARTMENT 14 THE ARENA STANDARD HILL |
7 Sep 2022 | £193,438 | £195,000 | APARTMENT 77 THE ARENA STANDARD HILL |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 14 Oct 2021. Using an estimated price of £504,621 means this house is valued at £7,313 per sq meter (£679 per sq foot).
The average size of a house on STANDARD HILL is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near King Charles Street |