£117,304
This estimated value is based upon the latest sale price for the house of £65,000 on 21 Aug 2009. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£65,000 | 21 Aug 2009 |
£29,995 | 27 Oct 2000 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 August 2009 the House Price Index for CITY OF NOTTINGHAM was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £65,000 results in an estimated price of approximately £117,304.
21 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 148.6 | 80.468 % | £65,000 | £52,304 | £117,304 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 55.080 % | £35,801 | £100,801 |
3 Month Average | 100.148 % | £65,096 | £130,096 |
6 Month Average | 73.863 % | £48,010 | £113,010 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jun 2023 | £139,692 | £138,000 | 496 VERNON ROAD |
23 Jun 2023 | £126,533 | £125,000 | 18 ACTON AVENUE |
25 Feb 2023 | £104,929 | £105,000 | 115 BULWELL LANE |
20 Jan 2023 | £154,273 | £155,000 | 520 VERNON ROAD |
30 May 2022 | £109,055 | £107,000 | 576 VERNON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Oct 2014. Using an estimated price of £117,304 means this house is valued at £1,564 per sq meter (£145 per sq foot).
The average size of a house on VERNON ROAD is 75 sq meters (814 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Acton Avenue |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Acton Avenue |
Mar 2024 | Anti-social behaviour | On or near Gordon Street | |
Mar 2024 | Anti-social behaviour | On or near Gordon Street | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gordon Street |