£280,511
This estimated value is based upon the latest sale price for the house of £185,000 on 30 Sep 2014. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£185,000 | 30 Sep 2014 |
£178,000 | 29 May 2007 |
£120,000 | 19 Apr 2002 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 September 2014 the House Price Index for CITY OF NOTTINGHAM was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £185,000 results in an estimated price of approximately £280,511.
30 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £185,000 | £95,511 | £280,511 |
The Postcode Pricing Model uses changes in average sales price within the NG7 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 | 19.213 % | £35,544 | £220,544 |
3 Month Average | 79.142 % | £146,413 | £331,413 |
6 Month Average | 69.346 % | £128,289 | £313,289 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £379,637 | £370,000 | 154 HARLAXTON DRIVE |
11 Aug 2023 | £291,253 | £286,000 | 178 HARRINGTON DRIVE |
1 Aug 2022 | £372,241 | £370,500 | 136 ROLLESTON DRIVE |
7 Jun 2022 | £389,419 | £381,095 | 161 HARRINGTON DRIVE |
17 Jan 2022 | £379,021 | £357,500 | 163 HARRINGTON DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 15 Nov 2018. Using an estimated price of £280,512 means this house is valued at £2,750 per sq meter (£255 per sq foot).
The average size of a house on HARRINGTON DRIVE is 124 sq meters (1,335 sq feet).