£155,145
This estimated value is based upon the latest sale price for the house of £126,500 on 26 Nov 2019. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £126,500 | 26 Nov 2019 |
| £80,000 | 16 Sep 2011 |
| £51,500 | 31 Mar 2011 |
| Terraced |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 November 2019 the House Price Index for CITY OF NOTTINGHAM was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £126,500 results in an estimated price of approximately £155,145.
| 26 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £126,500 | £28,645 | £155,145 |
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 | 24.334 % | £30,782 | £157,282 |
| 3 Month Average | 5.702 % | £7,212 | £133,712 |
| 6 Month Average | 12.428 % | £15,720 | £142,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £295,164 | £290,000 | UNIT D GADD STREET |
| 17 Aug 2023 | £174,527 | £173,000 | APARTMENT 2 179 - 181 FOREST ROAD WEST |
| 22 Jun 2023 | £68,834 | £68,000 | 11 SUNBOURNE COURT |
| 31 Mar 2023 | £131,236 | £130,000 | 71 WATERLOO PROMENADE |
| 30 Nov 2022 | £118,564 | £120,000 | 23 ELMORE COURT |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 Feb 2020. Using an estimated price of £155,145 means this house is valued at £1,743 per sq meter (£161 per sq foot).
The average size of a house on WATERLOO PROMENADE is 103 sq meters (1,112 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Limpenny Street |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Limpenny Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elmore Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elmore Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmore Court |