£193,879
This estimated value is based upon the latest sale price for the house of £152,500 on 13 Oct 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£152,500 | 13 Oct 2017 |
£153,000 | 22 Nov 2007 |
Detached |
Freehold |
Floor Area: 73 sq meters or 790 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 October 2017 the House Price Index for NOTTINGHAMSHIRE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £152,500 results in an estimated price of approximately £193,879.
13 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £152,500 | £41,379 | £193,879 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | 8.473 % | £12,920 | £165,420 |
3 Month Average | 29.662 % | £45,234 | £197,734 |
6 Month Average | 29.518 % | £45,014 | £197,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £189,833 | £184,000 | 6 EARLSWOOD DRIVE |
30 Nov 2023 | £223,678 | £218,000 | 87 LITTLE BARN LANE |
10 Jan 2023 | £105,281 | £105,000 | 10 BARN CROFT |
17 Aug 2022 | £165,775 | £165,000 | 7 BARN CLOSE |
30 Sep 2021 | £170,977 | £157,500 | 16 EARLSWOOD DRIVE |
This house has a floor area of 73 sq meters or 790 sq feet when measured on 16 Oct 2009. Using an estimated price of £193,880 means this house is valued at £2,640 per sq meter (£245 per sq foot).
The average size of a house on LITTLE BARN LANE is 102 sq meters (1,108 sq feet).