£55,271
This estimated value is based upon the latest sale price for the house of £45,025 on 23 Apr 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£45,025 | 23 Apr 2020 |
£29,000 | 13 May 2002 |
£11,650 | 7 Jun 1996 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 April 2020 the House Price Index for NOTTINGHAMSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £45,025 results in an estimated price of approximately £55,271.
23 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.758 % | £45,025 | £10,246 | £55,271 |
The Postcode Pricing Model uses changes in average sales price within the NG17 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 | 34.701 % | £15,624 | £60,649 |
3 Month Average | 20.413 % | £9,191 | £54,216 |
6 Month Average | 20.595 % | £9,272 | £54,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jan 2023 | £137,353 | £138,000 | 7 SCARCLIFFE COURT |
6 Jun 2022 | £136,935 | £135,000 | 10 BRAMLEY COURT |
17 Feb 2022 | £77,603 | £74,000 | 4 BRAMLEY COURT |
1 Dec 2021 | £97,495 | £91,000 | 8 SCARCLIFFE COURT |
1 Dec 2020 | £137,726 | £120,000 | 29 OUTRAM STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 9 Jul 2020. Using an estimated price of £55,272 means this house is valued at £600 per sq meter (£55 per sq foot).
The average size of a house on WELBECK STREET is 102 sq meters (1,108 sq feet).
This house is the largest in the street with a floor area of 92 sq meters (990 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Welbeck Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welbeck Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Welbeck Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welbeck Street |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Welbeck Street |