£424,465
This estimated value is based upon the latest sale price for the house of £340,000 on 12 Jul 2018. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£340,000 | 12 Jul 2018 |
Semi-Detached |
Freehold |
Floor Area: 157 sq meters or 1,689 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 July 2018 the House Price Index for CITY OF NOTTINGHAM was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £340,000 results in an estimated price of approximately £424,465.
12 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £340,000 | £84,465 | £424,465 |
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 | 13.486 % | £45,853 | £385,853 |
3 Month Average | 51.731 % | £175,884 | £515,884 |
6 Month Average | 35.057 % | £119,193 | £459,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £3,581,339 | £3,500,000 | RECEPTION, 206 DERBY ROAD |
6 Apr 2023 | £331,195 | £325,000 | FLAT 16 PARK EDGE BARRACK LANE |
31 Mar 2023 | £1,016,984 | £1,000,000 | FLAT 4 12 DOUGLAS ROAD |
12 Aug 2022 | £823,852 | £820,000 | BRUNELL HOUSE, 202 DERBY ROAD |
5 Aug 2022 | £195,916 | £195,000 | FLAT 1 226 DERBY ROAD |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 9 Feb 2018. Using an estimated price of £424,466 means this house is valued at £2,703 per sq meter (£251 per sq foot).
The average size of a house on SEELY ROAD is 158 sq meters (1,702 sq feet).