£105,163
This estimated value is based upon the latest sale price for the house of £62,000 on 21 May 2010. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £62,000 | 21 May 2010 |
| £78,000 | 20 Jan 2006 |
| £28,500 | 26 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 43 sq meters or 462 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 May 2010 the House Price Index for NOTTINGHAMSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £62,000 results in an estimated price of approximately £105,163.
| 21 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £62,000 | £43,163 | £105,163 |
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 | 121.546 % | £75,358 | £137,358 |
| 3 Month Average | 44.559 % | £27,626 | £89,626 |
| 6 Month Average | 58.949 % | £36,548 | £98,548 |
| 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 43 sq meters or 462 sq feet when measured on 18 Oct 2019. Using an estimated price of £105,163 means this house is valued at £2,445 per sq meter (£227 per sq foot).
The average size of a house on EDWARD AVENUE is 58 sq meters (632 sq feet).