£352,517
This estimated value is based upon the latest sale price for the house of £285,000 on 23 Aug 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£285,000 | 23 Aug 2018 |
£176,995 | 23 Jan 2004 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 August 2018 the House Price Index for NOTTINGHAMSHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £285,000 results in an estimated price of approximately £352,517.
23 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £285,000 | £67,517 | £352,517 |
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 | 73.274 % | £208,830 | £493,830 |
3 Month Average | 27.582 % | £78,607 | £363,607 |
6 Month Average | 31.965 % | £91,101 | £376,101 |
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 119 sq meters or 1,280 sq feet when measured on 1 May 2013. Using an estimated price of £352,518 means this house is valued at £2,962 per sq meter (£275 per sq foot).
The average size of a house on SYERSTON WAY is 154 sq meters (1,664 sq feet).