£238,368
This estimated value is based upon the latest sale price for the house of £235,000 on 27 Jun 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £235,000 | 27 Jun 2022 |
| £205,000 | 12 Nov 2020 |
| £153,500 | 7 Aug 2015 |
| £110,000 | 12 Sep 2003 |
| £46,000 | 28 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2022 the House Price Index for CITY OF NOTTINGHAM was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £235,000 results in an estimated price of approximately £238,368.
| 27 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £235,000 | £3,368 | £238,368 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 4.984 % | £11,711 | £246,711 |
| 3 Month Average | -0.821 % | £-1,929 | £233,070 |
| 6 Month Average | 3.944 % | £9,268 | £244,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £109,027 | £108,000 | FLAT 2 59 SHERBROOKE ROAD |
| 3 Mar 2023 | £278,625 | £276,000 | 65 CHURCH DRIVE |
| 15 Feb 2023 | £212,857 | £213,000 | 22 SHERBROOKE ROAD |
| 28 Oct 2022 | £143,455 | £145,000 | 30 SHERBROOKE ROAD |
| 23 Sep 2022 | £167,150 | £168,500 | 71 CHURCH DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 30 Jun 2020. Using an estimated price of £238,369 means this house is valued at £2,678 per sq meter (£248 per sq foot).
The average size of a house on WESLEY GROVE is 95 sq meters (1,029 sq feet).