£175,163
This estimated value is based upon the latest sale price for the house of £125,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£125,000 | 30 Oct 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 October 2015 the House Price Index for CITY OF NOTTINGHAM was 105.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 40.131%.Applying this 40.131% change to the original purchase price of £125,000 results in an estimated price of approximately £175,163.
30 Oct 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.0 | 40.131 % | £125,000 | £50,163 | £175,163 |
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 | 96.689 % | £120,861 | £245,861 |
3 Month Average | 59.458 % | £74,322 | £199,322 |
6 Month Average | 38.328 % | £47,910 | £172,910 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £157,532 | £157,000 | FLAT 59 THE HABITAT WOOLPACK LANE |
17 Nov 2023 | £111,431 | £110,000 | FLAT 42 THE HABITAT WOOLPACK LANE |
17 Nov 2023 | £116,496 | £115,000 | FLAT 27 THE HABITAT WOOLPACK LANE |
17 Nov 2023 | £111,431 | £110,000 | FLAT 53 THE HABITAT WOOLPACK LANE |
1 Mar 2023 | £139,755 | £139,000 | FLAT 95 THE HABITAT WOOLPACK LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Aug 2019. Using an estimated price of £175,163 means this house is valued at £2,780 per sq meter (£258 per sq foot).
The average size of a house on WOOLPACK LANE is 57 sq meters (616 sq feet).