£129,215
This estimated value is based upon the latest sale price for the house of £81,000 on 12 Feb 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £81,000 | 12 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 February 2014 the House Price Index for NOTTINGHAMSHIRE was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £81,000 results in an estimated price of approximately £129,215.
| 12 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £81,000 | £48,215 | £129,215 |
The Postcode Pricing Model uses changes in average sales price within the DN22 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 | 31.660 % | £25,644 | £106,644 |
| 3 Month Average | 25.958 % | £21,025 | £102,025 |
| 6 Month Average | 31.819 % | £25,773 | £106,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £115,779 | £114,000 | 92 COBWELL ROAD |
| 8 Dec 2023 | £95,948 | £93,000 | 118 ALBERT ROAD |
| 13 Oct 2023 | £168,835 | £165,000 | 116 ALBERT ROAD |
| 21 Apr 2023 | £118,211 | £116,000 | 76 COBWELL ROAD |
| 17 Mar 2023 | £162,717 | £160,000 | 173 ALBERT ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 15 Oct 2019. Using an estimated price of £129,215 means this house is valued at £2,691 per sq meter (£250 per sq foot).
The average size of a house on ALBERT ROAD is 86 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Victoria Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |