£308,481
This estimated value is based upon the latest sale price for the house of £90,000 on 31 May 2001. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £90,000 | 31 May 2001 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2001 the House Price Index for CITY OF NOTTINGHAM was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £90,000 results in an estimated price of approximately £308,481.
| 31 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £90,000 | £218,481 | £308,481 |
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 | 57.768 % | £51,991 | £141,991 |
| 3 Month Average | 36.980 % | £33,282 | £123,282 |
| 6 Month Average | 68.658 % | £61,792 | £151,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £402,034 | £395,000 | 82 ADDISON STREET |
| 16 Nov 2023 | £913,525 | £900,000 | 64 ADDISON STREET |
| 11 Aug 2023 | £229,003 | £227,000 | 15 TUDOR GROVE |
| 7 Jul 2023 | £223,001 | £220,000 | 42 ADDISON STREET |
| 23 Jun 2023 | £475,763 | £470,000 | 34 - 36 ADDISON STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Jan 2020. Using an estimated price of £308,482 means this house is valued at £3,808 per sq meter (£353 per sq foot).
The average size of a house on FOREST GROVE is 110 sq meters (1,190 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Forest Grove | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Grove |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Forest Grove |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Forest Grove |