£83,131
This estimated value is based upon the latest sale price for the house of £17,950 on 16 Oct 1998. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£17,950 | 16 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 October 1998 the House Price Index for CITY OF NOTTINGHAM was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £17,950 results in an estimated price of approximately £83,131.
16 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.127 % | £17,950 | £65,181 | £83,131 |
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 | 319.790 % | £57,402 | £75,352 |
3 Month Average | 321.335 % | £57,679 | £75,629 |
6 Month Average | 300.949 % | £54,020 | £71,970 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £117,743 | £116,000 | 123 RAYMEDE DRIVE |
17 Nov 2023 | £172,555 | £170,000 | 109 RAYMEDE DRIVE |
20 Jul 2023 | £151,033 | £149,000 | 14 ORVILLE ROAD |
28 Jun 2023 | £136,655 | £135,000 | 131 RAYMEDE DRIVE |
24 Jan 2023 | £184,133 | £185,000 | 6 ORVILLE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 30 May 2017. Using an estimated price of £83,131 means this house is valued at £1,259 per sq meter (£117 per sq foot).
The average size of a house on ANDOVER ROAD is 72 sq meters (775 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Andover Road | |
Mar 2024 | Anti-social behaviour | On or near Andover Road | |
Mar 2024 | Anti-social behaviour | On or near Andover Road | |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Andover Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Hove Road |