£236,379
This estimated value is based upon the latest sale price for the house of £175,000 on 29 Mar 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 29 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,522 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 March 2016 the House Price Index for NOTTINGHAMSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £175,000 results in an estimated price of approximately £236,379.
| 29 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £175,000 | £61,379 | £236,379 |
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 | 97.864 % | £171,262 | £346,262 |
| 3 Month Average | 64.849 % | £113,486 | £288,486 |
| 6 Month Average | 41.963 % | £73,435 | £248,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £192,461 | £190,000 | 57 VALLEY VIEW |
| 27 Jan 2023 | £179,156 | £180,000 | 31 VALLEY VIEW |
| 17 Oct 2022 | £222,603 | £225,000 | 17 VALLEY VIEW |
| 9 May 2022 | £321,049 | £315,000 | 10 FARADAY ROAD |
| 29 Apr 2022 | £236,854 | £230,000 | 5 FARADAY ROAD |
This house has a floor area of 141 sq meters or 1,522 sq feet when measured on 29 Jun 2009. Using an estimated price of £236,379 means this house is valued at £1,670 per sq meter (£155 per sq foot).
The average size of a house on RUTHERFORD AVENUE is 130 sq meters (1,404 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,522 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Faraday Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Faraday Road |