£193,270
This estimated value is based upon the latest sale price for the house of £160,000 on 26 Aug 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 26 Aug 2020 |
| £160,000 | 27 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 August 2020 the House Price Index for NOTTINGHAMSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £160,000 results in an estimated price of approximately £193,270.
| 26 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £160,000 | £33,270 | £193,270 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | -50.861 % | £-81,377 | £78,622 |
| 3 Month Average | 14.037 % | £22,459 | £182,459 |
| 6 Month Average | 27.655 % | £44,248 | £204,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £155,000 | £155,000 | 21 BESSEMER DRIVE |
| 22 Mar 2024 | £169,606 | £167,000 | 96 FOREST ROAD |
| 8 Dec 2023 | £100,075 | £97,000 | 8 CLIFFORD STREET |
| 30 Aug 2023 | £71,286 | £70,000 | 10 CLIFFORD STREET |
| 15 Aug 2023 | £112,020 | £110,000 | 136 FOREST ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 31 Jul 2020. Using an estimated price of £193,271 means this house is valued at £1,773 per sq meter (£164 per sq foot).
The average size of a house on FOREST ROAD is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Murray Street |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Clifford Street |
| Jun 2024 | Anti-social behaviour | On or near Stella Street | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stella Street |
| Jun 2024 | Anti-social behaviour | On or near Stella Street |