£512,131
This estimated value is based upon the latest sale price for the house of £239,000 on 9 Jan 2004. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£239,000 | 9 Jan 2004 |
Semi-Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 January 2004 the House Price Index for CITY OF NOTTINGHAM was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £239,000 results in an estimated price of approximately £512,131.
9 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
69.3 | 148.6 | 114.281 % | £239,000 | £273,131 | £512,131 |
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 | 43.178 % | £103,195 | £342,195 |
3 Month Average | 58.734 % | £140,374 | £379,374 |
6 Month Average | 82.802 % | £197,896 | £436,896 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £323,483 | £320,000 | 28 GLOUCESTER AVENUE |
16 Mar 2023 | £404,309 | £400,500 | 18 GLOUCESTER AVENUE |
4 Jan 2023 | £388,171 | £390,000 | 14 WILLOUGHBY AVENUE |
5 Aug 2022 | £299,195 | £300,000 | 10 GLOUCESTER AVENUE |
19 Jan 2022 | £373,605 | £355,000 | 59A LENTON BOULEVARD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 17 Jun 2019. Using an estimated price of £512,131 means this house is valued at £4,097 per sq meter (£380 per sq foot).
The average size of a house on WILLOUGHBY AVENUE is 144 sq meters (1,550 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arthur Avenue |