£102,388
This estimated value is based upon the latest sale price for the house of £55,000 on 24 Mar 2005. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £55,000 | 24 Mar 2005 |
| £42,000 | 15 Mar 2003 |
| £30,000 | 23 Dec 2002 |
| £16,000 | 28 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 819 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 2005 the House Price Index for NOTTINGHAMSHIRE was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £55,000 results in an estimated price of approximately £102,388.
| 24 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.160 % | £55,000 | £47,388 | £102,388 |
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 | 109.916 % | £60,453 | £115,453 |
| 3 Month Average | 100.579 % | £55,318 | £110,318 |
| 6 Month Average | 69.609 % | £38,284 | £93,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £63,000 | £63,000 | 16 DERBY STREET |
| 10 Nov 2023 | £177,630 | £175,000 | 33 FISHER LANE |
| 8 Nov 2023 | £113,683 | £112,000 | 68 DERBY STREET |
| 10 Aug 2023 | £78,184 | £77,500 | 31 LAUREL AVENUE |
| 31 Jul 2023 | £116,564 | £114,995 | 47 LAUREL AVENUE |
This house has a floor area of 76 sq meters or 819 sq feet when measured on 26 Mar 2012. Using an estimated price of £102,388 means this house is valued at £1,344 per sq meter (£124 per sq foot).
The average size of a house on DERBY STREET is 70 sq meters (763 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laurel Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Fisher Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fisher Lane |
| Mar 2024 | Other crime | Further action is not in the public interest | On or near Kitchener Drive |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Kitchener Drive |