£416,408
This estimated value is based upon the latest sale price for the house of £250,000 on 3 Jun 2013. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £250,000 | 3 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 June 2013 the House Price Index for CITY OF NOTTINGHAM was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £250,000 results in an estimated price of approximately £416,408.
| 3 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £250,000 | £166,408 | £416,408 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | 55.358 % | £138,396 | £388,396 |
| 3 Month Average | 99.928 % | £249,820 | £499,820 |
| 6 Month Average | 109.773 % | £274,433 | £524,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £243,108 | £240,000 | 56 DEAN CLOSE |
| 14 Apr 2023 | £298,211 | £295,000 | 2 MIDDLE NOOK |
| 31 Mar 2023 | £393,709 | £390,000 | 7 GOODWOOD ROAD |
| 24 Mar 2023 | £154,960 | £153,500 | 20 DEAN CLOSE |
| 12 Jul 2022 | £189,109 | £188,600 | 34 DEAN CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 20 Mar 2013. Using an estimated price of £416,408 means this house is valued at £3,717 per sq meter (£345 per sq foot).
The average size of a house on BRIDGE ROAD is 185 sq meters (1,992 sq feet).
This house is the smallest in the street with a floor area of 112 sq meters (1,205 sq feet).