£1,296,796
This estimated value is based upon the latest sale price for the house of £765,500 on 30 Jul 2010. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There has been one burglary within the last year on or near Park Terrace
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Price Paid | Date |
---|---|
£765,500 | 30 Jul 2010 |
£360,000 | 25 Oct 1999 |
£325,000 | 3 Mar 1998 |
Terraced |
Freehold |
Floor Area: 290 sq meters or 3,126 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in July 2010 the House Price Index for CITY OF NOTTINGHAM was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £765,500 results in an estimated price of approximately £1,296,796.
30 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.405 % | £765,500 | £531,296 | £1,296,796 |
The Postcode Pricing Model uses changes in average sales price within the NG1 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 | -2.627 % | £-20,109 | £745,390 |
3 Month Average | 27.157 % | £207,889 | £973,389 |
6 Month Average | 61.887 % | £473,743 | £1,239,243 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jun 2023 | £738,951 | £730,000 | 1 CLARE VALLEY |
31 Mar 2023 | £171,617 | £170,000 | APARTMENT 4 30 THE ROPEWALK |
2 Sep 2022 | £262,877 | £265,000 | APARTMENT 8 30 THE ROPEWALK |
29 Jul 2022 | £250,675 | £250,000 | APARTMENT 28 111 THE ROPEWALK |
5 Apr 2022 | £200,811 | £195,000 | APARTMENT 6 30 THE ROPEWALK |
This house has a floor area of 290 sq meters or 3,126 sq feet when measured on 6 May 2009. Using an estimated price of £1,296,796 means this house is valued at £4,464 per sq meter (£414 per sq foot).
The average size of a house on PARK TERRACE is 145 sq meters (1,567 sq feet).
This house is the largest in the street with a floor area of 290 sq meters (3,126 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Park Terrace |
Jan 2024 | Burglary | Under investigation | On or near Park Terrace |
Feb 2024 | Drugs | Under investigation | On or near Oxford Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oxford Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Valley |