£154,517
This estimated value is based upon the latest sale price for the house of £125,000 on 17 May 2019. 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 | 17 May 2019 |
| £83,500 | 28 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2019 the House Price Index for CITY OF NOTTINGHAM was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £125,000 results in an estimated price of approximately £154,517.
| 17 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £125,000 | £29,517 | £154,517 |
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 | 10.684 % | £13,354 | £138,354 |
| 3 Month Average | 10.280 % | £12,849 | £137,849 |
| 6 Month Average | 22.538 % | £28,172 | £153,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £197,930 | £195,000 | 72 HARTLEY ROAD |
| 31 Jul 2023 | £126,705 | £125,000 | 44 WIMBOURNE ROAD |
| 11 Jul 2023 | £76,023 | £75,000 | 48 WIMBOURNE ROAD |
| 17 Apr 2023 | £191,057 | £189,000 | 4 CREWE CLOSE |
| 16 Jan 2023 | £114,461 | £115,000 | 18 COPE STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 14 Aug 2017. Using an estimated price of £154,517 means this house is valued at £1,861 per sq meter (£172 per sq foot).
The average size of a house on WIMBOURNE ROAD is 96 sq meters (1,040 sq feet).