£128,902
This estimated value is based upon the latest sale price for the house of £76,000 on 1 Jun 2012. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £76,000 | 1 Jun 2012 |
| £84,950 | 13 Jan 2006 |
| £60,000 | 23 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 586 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 2012 the House Price Index for CITY OF NOTTINGHAM was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £76,000 results in an estimated price of approximately £128,902.
| 1 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £76,000 | £52,902 | £128,902 |
The Postcode Pricing Model uses changes in average sales price within the NG7 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 | 54.300 % | £41,268 | £117,268 |
| 3 Month Average | 48.765 % | £37,061 | £113,061 |
| 6 Month Average | 61.749 % | £46,928 | £122,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £160,000 | £160,000 | 19A ALBERTA TERRACE |
| 1 Nov 2023 | £213,156 | £210,000 | 9 ALMA STREET |
| 9 Jun 2023 | £121,471 | £120,000 | 36 ALBERTA TERRACE |
| 10 Mar 2023 | £1,514,266 | £1,500,000 | ACACIA CARE HOME, 12 SHERWOOD RISE |
| 17 Feb 2023 | £92,798 | £92,860 | 7 IVY GROVE |
This house has a floor area of 54 sq meters or 586 sq feet when measured on 24 Feb 2012. Using an estimated price of £128,903 means this house is valued at £2,364 per sq meter (£219 per sq foot).
The average size of a house on IVY GROVE is 56 sq meters (604 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Falcon Street |
| Mar 2024 | Other theft | Under investigation | On or near Falcon Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Falcon Street |
| Feb 2024 | Other crime | Under investigation | On or near Falcon Street |
| Feb 2024 | Anti-social behaviour | On or near Falcon Street |