£64,860
This estimated value is based upon the latest sale price for the house of £52,000 on 31 May 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £52,000 | 31 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 May 2018 the House Price Index for NOTTINGHAMSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £52,000 results in an estimated price of approximately £64,860.
| 31 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £52,000 | £12,860 | £64,860 |
The Postcode Pricing Model uses changes in average sales price within the S80 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 | -51.136 % | £-26,590 | £25,409 |
| 3 Month Average | -0.284 % | £-147 | £51,852 |
| 6 Month Average | 13.741 % | £7,145 | £59,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £71,052 | £70,000 | 5 PORTLAND STREET |
| 25 Aug 2023 | £75,662 | £75,000 | 24 GLADSTONE STREET |
| 14 Aug 2023 | £60,530 | £60,000 | 41 GODFREYS COURT |
| 15 Jun 2023 | £72,883 | £72,000 | 11 MANVERS STREET |
| 17 Mar 2023 | £50,476 | £50,000 | 37 GLADSTONE STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 11 Jan 2018. Using an estimated price of £64,861 means this house is valued at £940 per sq meter (£87 per sq foot).
The average size of a house on DUKE PLACE is 88 sq meters (947 sq feet).