£210,624
This estimated value is based upon the latest sale price for the house of £160,000 on 4 Jan 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£160,000 | 4 Jan 2017 |
£47,000 | 28 Sep 2001 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 2017 the House Price Index for NOTTINGHAMSHIRE was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £160,000 results in an estimated price of approximately £210,624.
4 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 149.7 | 31.640 % | £160,000 | £50,624 | £210,624 |
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 | 58.347 % | £93,355 | £253,355 |
3 Month Average | 33.518 % | £53,629 | £213,629 |
6 Month Average | 33.586 % | £53,737 | £213,737 |
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 88 sq meters or 947 sq feet when measured on 30 Sep 2016. Using an estimated price of £210,624 means this house is valued at £2,393 per sq meter (£222 per sq foot).
The average size of a house on LITTLE BARN LANE is 102 sq meters (1,108 sq feet).