£100,478
This estimated value is based upon the latest sale price for the house of £84,000 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £84,000 | 30 Sep 2020 |
| £62,950 | 28 Jun 2002 |
| £33,500 | 22 Jan 1998 |
| Flats/Maisonettes |
| Leasehold |
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 September 2020 the House Price Index for NOTTINGHAMSHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £84,000 results in an estimated price of approximately £100,478.
| 30 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £84,000 | £16,478 | £100,478 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 84.146 % | £70,683 | £154,683 |
| 3 Month Average | 24.202 % | £20,329 | £104,329 |
| 6 Month Average | 27.795 % | £23,348 | £107,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £110,964 | £110,000 | FLAT 6 THE BEAUMONT HINE HALL |
| 21 Nov 2023 | £128,256 | £125,000 | FLAT 2 THE BEAUMONT HINE HALL |
| 6 Apr 2023 | £168,145 | £165,000 | 64 PENDLE CRESCENT |
| 10 Mar 2023 | £136,276 | £134,000 | 40 PENDLE CRESCENT |
| 16 Jan 2023 | £165,442 | £165,000 | FLAT 8 THE REGENT HINE HALL |