£409,717
This estimated value is based upon the latest sale price for the house of £325,000 on 16 Nov 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£325,000 | 16 Nov 2017 |
£246,500 | 14 Sep 2006 |
£232,995 | 28 Feb 2003 |
Detached |
Freehold |
Floor Area: 163 sq meters or 1,754 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 November 2017 the House Price Index for NOTTINGHAMSHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £325,000 results in an estimated price of approximately £409,717.
16 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £325,000 | £84,717 | £409,717 |
The Postcode Pricing Model uses changes in average sales price within the NG24 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 | 52.178 % | £169,577 | £494,577 |
3 Month Average | 6.506 % | £21,143 | £346,143 |
6 Month Average | 27.997 % | £90,991 | £415,991 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £388,662 | £385,000 | 31 SYERSTON WAY |
7 Feb 2023 | £374,748 | £375,000 | 61 SYERSTON WAY |
18 Oct 2021 | £365,138 | £330,000 | 5 SWINDERBY CLOSE |
30 Sep 2021 | £366,381 | £340,000 | 14 SYERSTON WAY |
23 Sep 2021 | £323,278 | £300,000 | 12 BLACKBROOK ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 24 Jun 2017. Using an estimated price of £409,717 means this house is valued at £2,513 per sq meter (£233 per sq foot).
The average size of a house on SYERSTON WAY is 154 sq meters (1,664 sq feet).