£185,929
This estimated value is based upon the latest sale price for the house of £96,500 on 27 Aug 2004. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £96,500 | 27 Aug 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 909 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 August 2004 the House Price Index for CITY OF NOTTINGHAM was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £96,500 results in an estimated price of approximately £185,929.
| 27 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £96,500 | £89,429 | £185,929 |
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 | 42.859 % | £41,359 | £137,859 |
| 3 Month Average | 45.400 % | £43,811 | £140,311 |
| 6 Month Average | 57.858 % | £55,832 | £152,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £167,938 | £165,000 | 52 MAUD STREET |
| 10 Nov 2023 | £157,329 | £155,000 | 70 CONSTANCE STREET |
| 28 Sep 2023 | £232,979 | £230,000 | 243A NOTTINGHAM ROAD |
| 25 Aug 2023 | £149,306 | £148,000 | 129 NOTTINGHAM ROAD |
| 23 Jun 2023 | £175,121 | £173,000 | 152 NOTTINGHAM ROAD |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 19 Jan 2012. Using an estimated price of £185,929 means this house is valued at £2,200 per sq meter (£204 per sq foot).
The average size of a house on FORD STREET is 107 sq meters (1,152 sq feet).