£80,851
This estimated value is based upon the latest sale price for the house of £54,000 on 24 Nov 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £54,000 | 24 Nov 2014 |
| £64,500 | 22 May 2006 |
| £24,950 | 25 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 November 2014 the House Price Index for NOTTINGHAMSHIRE was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £54,000 results in an estimated price of approximately £80,851.
| 24 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £54,000 | £26,851 | £80,851 |
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 | 9.502 % | £5,131 | £59,131 |
| 3 Month Average | 25.833 % | £13,949 | £67,949 |
| 6 Month Average | 43.742 % | £23,620 | £77,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £66,992 | £66,000 | 11 CLINTON STREET |
| 3 Nov 2023 | £71,052 | £70,000 | 64 NETHERTON ROAD |
| 20 Sep 2023 | £67,361 | £66,500 | 52 LOW TOWN STREET |
| 18 Aug 2023 | £131,147 | £130,000 | 8 ELY CLOSE |
| 28 Apr 2023 | £75,816 | £75,000 | 32 ELY CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 29 Jul 2014. Using an estimated price of £80,851 means this house is valued at £1,370 per sq meter (£127 per sq foot).
The average size of a house on NETHERTON ROAD is 83 sq meters (895 sq feet).