£153,899
This estimated value is based upon the latest sale price for the house of £54,950 on 26 Jul 2002. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £54,950 | 26 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 July 2002 the House Price Index for NOTTINGHAMSHIRE was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £54,950 results in an estimated price of approximately £153,899.
| 26 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £54,950 | £98,949 | £153,899 |
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 | 204.283 % | £112,253 | £167,203 |
| 3 Month Average | 132.321 % | £72,710 | £127,660 |
| 6 Month Average | 164.525 % | £90,406 | £145,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £122,500 | £122,500 | FLAT 6 10 VICTORIA STREET |
| 5 Mar 2024 | £122,500 | £122,500 | FLAT 8 10 VICTORIA STREET |
| 3 Apr 2023 | £132,426 | £131,000 | 9 VICTORIA TERRACE |
| 17 Mar 2023 | £161,522 | £160,000 | 6 PELHAM CLOSE |
| 10 Feb 2023 | £161,391 | £161,500 | 47 EDWARD AVENUE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 4 Jul 2013. Using an estimated price of £153,900 means this house is valued at £3,664 per sq meter (£340 per sq foot).
The average size of a house on EDWARD AVENUE is 58 sq meters (632 sq feet).