£309,690
This estimated value is based upon the latest sale price for the house of £200,000 on 19 Jun 2014. 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 Gloucester Avenue
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Price Paid | Date |
---|---|
£200,000 | 19 Jun 2014 |
£150,000 | 16 Aug 2002 |
Semi-Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2014 the House Price Index for CITY OF NOTTINGHAM was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £200,000 results in an estimated price of approximately £309,690.
19 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £200,000 | £109,690 | £309,690 |
The Postcode Pricing Model uses changes in average sales price within the NG7 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 | 70.901 % | £141,802 | £341,802 |
3 Month Average | 107.735 % | £215,470 | £415,470 |
6 Month Average | 73.723 % | £147,446 | £347,446 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £320,017 | £315,100 | 13 WILLOUGHBY AVENUE |
14 Aug 2023 | £320,786 | £315,000 | 21 DEVONSHIRE PROMENADE |
28 Apr 2023 | £326,099 | £320,000 | 28 GLOUCESTER AVENUE |
16 Mar 2023 | £407,302 | £400,500 | 18 GLOUCESTER AVENUE |
25 Jan 2023 | £240,643 | £240,000 | 318 DERBY ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 6 Mar 2014. Using an estimated price of £309,691 means this house is valued at £2,921 per sq meter (£271 per sq foot).
The average size of a house on GLOUCESTER AVENUE is 114 sq meters (1,236 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gloucester Avenue |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Gloucester Avenue |
Jun 2024 | Public order | Under investigation | On or near Gloucester Avenue |
May 2024 | Drugs | Investigation complete; no suspect identified | On or near Gloucester Avenue |
Jul 2024 | Anti-social behaviour | On or near Henry Road |