£606,202
This estimated value is based upon the latest sale price for the house of £565,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£565,000 | 30 Jun 2021 |
£282,500 | 4 Jul 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 182 sq meters or 1,959 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 June 2021 the House Price Index for CITY OF NOTTINGHAM was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £565,000 results in an estimated price of approximately £606,202.
30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £565,000 | £41,202 | £606,202 |
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 | -65.088 % | £-367,745 | £197,254 |
3 Month Average | -54.238 % | £-306,447 | £258,552 |
6 Month Average | -40.664 % | £-229,750 | £335,249 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 May 2022 | £254,801 | £250,000 | FLAT 2 OXFORD HEIGHTS, 22 THE ROPEWALK |
30 Jun 2021 | £606,202 | £565,000 | 18 PARK TERRACE |
7 Aug 2020 | £159,476 | £133,000 | 45 ROPEWALK COURT UPPER COLLEGE STREET |
29 May 2020 | £770,604 | £630,000 | RIBBLE LODGE CLARE VALLEY |
18 Mar 2020 | £126,466 | £105,000 | 55 ROPEWALK COURT UPPER COLLEGE STREET |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 25 Jun 2021. Using an estimated price of £606,202 means this house is valued at £3,330 per sq meter (£309 per sq foot).
The average size of a house on PARK TERRACE is 145 sq meters (1,567 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Upper College Street | |
Mar 2024 | Anti-social behaviour | On or near Upper College Street | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper College Street |
Feb 2024 | Anti-social behaviour | On or near Upper College Street | |
Feb 2024 | Anti-social behaviour | On or near Upper College Street |