£187,305
This estimated value is based upon the latest sale price for the house of £162,000 on 10 Dec 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Grace Road
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| Price Paid | Date |
|---|---|
| £162,000 | 10 Dec 2020 |
| £139,950 | 1 Jul 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,248 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 December 2020 the House Price Index for NOTTINGHAMSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £162,000 results in an estimated price of approximately £187,305.
| 10 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £162,000 | £25,305 | £187,305 |
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 | -10.151 % | £-16,445 | £145,554 |
| 3 Month Average | -13.595 % | £-22,023 | £139,976 |
| 6 Month Average | -0.772 % | £-1,250 | £160,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £295,327 | £290,000 | 9 HEADINGLEY ROAD |
| 23 Jun 2023 | £147,965 | £145,000 | 39 EDGBASTON DRIVE |
| 10 Mar 2023 | £218,652 | £215,000 | 10 CANTERBURY CLOSE |
| 7 Nov 2022 | £259,785 | £261,000 | 8 CHELMSFORD MEWS |
| 21 Apr 2022 | £300,852 | £290,000 | 16 GRACE ROAD |
This house has a floor area of 115 sq meters or 1,248 sq feet when measured on 9 Nov 2010. Using an estimated price of £187,306 means this house is valued at £1,615 per sq meter (£150 per sq foot).
The average size of a house on CHELMSFORD MEWS is 117 sq meters (1,268 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Grace Road |
| Jul 2024 | Burglary | Under investigation | On or near Headingley Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edgbaston Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Canterbury Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tunnel Road |