£122,359
This estimated value is based upon the latest sale price for the house of £95,500 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£95,500 | 30 Jun 2017 |
£80,000 | 18 Nov 2014 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 June 2017 the House Price Index for CITY OF NOTTINGHAM was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £95,500 results in an estimated price of approximately £122,359.
30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £95,500 | £26,859 | £122,359 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 44.320 % | £42,325 | £137,825 |
3 Month Average | 64.905 % | £61,983 | £157,483 |
6 Month Average | 51.579 % | £49,258 | £144,758 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £131,684 | £130,000 | 19 FARLEY STREET |
31 Aug 2023 | £131,147 | £130,000 | 27 MURIEL STREET |
5 Jul 2023 | £131,774 | £130,000 | 12 FARLEY STREET |
27 Jan 2023 | £142,330 | £143,000 | 74 LIME STREET |
6 May 2022 | £135,091 | £132,546 | 88 LATHAM STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 30 Jul 2014. Using an estimated price of £122,360 means this house is valued at £1,406 per sq meter (£130 per sq foot).
The average size of a house on LIME STREET is 97 sq meters (1,047 sq feet).