£348,700
This estimated value is based upon the latest sale price for the house of £325,000 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 |
|---|---|
| £325,000 | 30 Jun 2021 |
| £135,000 | 31 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 £325,000 results in an estimated price of approximately £348,700.
| 30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £325,000 | £23,700 | £348,700 |
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 | -28.786 % | £-93,553 | £231,446 |
| 3 Month Average | -31.819 % | £-103,413 | £221,586 |
| 6 Month Average | -8.184 % | £-26,598 | £298,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £138,680 | £137,000 | FLAT 23 PORTLAND SQUARE RALEIGH STREET |
| 12 Apr 2023 | £138,997 | £137,500 | FLAT 24 PORTLAND SQUARE RALEIGH STREET |
| 29 Oct 2021 | £143,842 | £130,000 | FLAT 31 PORTLAND SQUARE RALEIGH STREET |
| 24 Sep 2021 | £177,803 | £165,000 | FLAT 44 PORTLAND SQUARE PORTLAND ROAD |
| 23 Sep 2021 | £154,635 | £143,500 | FLAT 35 PORTLAND SQUARE RALEIGH STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 7 Jan 2019. Using an estimated price of £348,700 means this house is valued at £3,874 per sq meter (£359 per sq foot).
The average size of a house on PORTLAND ROAD is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Stoneleigh Street |
| Feb 2024 | Anti-social behaviour | On or near Stoneleigh Street | |
| Feb 2024 | Anti-social behaviour | On or near Stoneleigh Street | |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Stoneleigh Street |
| Feb 2024 | Anti-social behaviour | On or near Stoneleigh Street |