£175,871
This estimated value is based upon the latest sale price for the house of £130,000 on 13 May 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 13 May 2016 |
| £123,500 | 13 Jul 2012 |
| £111,000 | 2 Nov 2007 |
| £54,000 | 19 Aug 2002 |
| £30,000 | 18 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 May 2016 the House Price Index for NOTTINGHAMSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £130,000 results in an estimated price of approximately £175,871.
| 13 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £130,000 | £45,871 | £175,871 |
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 | 5.212 % | £6,775 | £136,775 |
| 3 Month Average | 0.657 % | £854 | £130,854 |
| 6 Month Average | 13.871 % | £18,032 | £148,032 |
| 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 |
| 15 Nov 2023 | £70,797 | £69,000 | 51 COBWELL ROAD |
| 13 Oct 2023 | £168,835 | £165,000 | 116 ALBERT ROAD |
| 21 Apr 2023 | £118,211 | £116,000 | 76 COBWELL ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 17 Jan 2019. Using an estimated price of £175,871 means this house is valued at £1,441 per sq meter (£133 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jun 2024 | Criminal damage and arson | Offender given a caution | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |