£231,504
This estimated value is based upon the latest sale price for the house of £140,000 on 2 Aug 2013. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £140,000 | 2 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 833 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 2013 the House Price Index for CITY OF NOTTINGHAM was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £140,000 results in an estimated price of approximately £231,504.
| 2 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £140,000 | £91,504 | £231,504 |
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 | 42.486 % | £59,480 | £199,480 |
| 3 Month Average | 52.970 % | £74,157 | £214,157 |
| 6 Month Average | 64.575 % | £90,404 | £230,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £434,680 | £430,000 | 53 TEVERSAL AVENUE |
| 5 Apr 2023 | £369,984 | £366,000 | 60 ROLLESTON DRIVE |
| 13 Mar 2023 | £393,709 | £390,000 | 70 ROLLESTON DRIVE |
| 6 Mar 2023 | £287,206 | £284,500 | 46 ROLLESTON DRIVE |
| 10 Jan 2023 | £278,687 | £280,000 | 23 HARRINGTON DRIVE |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 6 Mar 2012. Using an estimated price of £231,504 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on WELBY AVENUE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Kyte Street |
| Mar 2024 | Other theft | Under investigation | On or near Kyte Street |
| Mar 2024 | Anti-social behaviour | On or near Kyte Street | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Kyte Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kyte Street |