£145,243
This estimated value is based upon the latest sale price for the house of £42,500 on 27 Apr 2001. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £42,500 | 27 Apr 2001 |
| £38,500 | 17 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 April 2001 the House Price Index for NOTTINGHAMSHIRE was 42.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 241.750%.Applying this 241.750% change to the original purchase price of £42,500 results in an estimated price of approximately £145,243.
| 27 Apr 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 146.7 | 241.750 % | £42,500 | £102,743 | £145,243 |
The Postcode Pricing Model uses changes in average sales price within the NG2 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 | 303.070 % | £128,804 | £171,304 |
| 3 Month Average | 245.389 % | £104,290 | £146,790 |
| 6 Month Average | 251.159 % | £106,742 | £149,242 |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 26 Sep 2011.
The average size of a house on SANDRINGHAM ROAD is 89 sq meters (961 sq feet).