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How is current value of £118k determined in comparison to purchase price of £120k in August 2004?

6 Holfield road, Beeston, Nottingham NG9 5GJ The property No. 4 sold in December 2011 for £107k shows current value unchanged and is similar to No. 6. Would the sale value of No.4 be taken into account in determining the current value of No. 6?

Asked on Mar 26 2013, House Prices in Nottingham | Report content

Answers (1)

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  • It does not work like that. I sold my property for more than a smaller one down the road. People pay what they feel a property is worth to them. Our property is worth less according to Zoopla since we bought it. This does not mean it will sell for less, or is worth any less.

    Answered on Mar 26 2013, Report content

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