£107,436
This estimated value is based upon the latest sale price for the house of £79,300 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £79,300 | 8 Jan 2016 |
| £82,000 | 21 Jan 2005 |
| £46,000 | 10 May 2002 |
| £22,000 | 3 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 January 2016 the House Price Index for NOTTINGHAMSHIRE was 108.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 35.481%.Applying this 35.481% change to the original purchase price of £79,300 results in an estimated price of approximately £107,436.
| 8 Jan 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 146.7 | 35.481 % | £79,300 | £28,136 | £107,436 |
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 | 25.809 % | £20,466 | £99,766 |
| 3 Month Average | 33.125 % | £26,268 | £105,568 |
| 6 Month Average | 39.284 % | £31,151 | £110,451 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 15 Sep 2015.
The average size of a house on STANLEY AVENUE is 68 sq meters (738 sq feet).