£86,653
This estimated value is based upon the latest sale price for the house of £50,000 on 3 Jun 2011. 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 Peveril Street
More crime details
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Price Paid | Date |
---|---|
£50,000 | 3 Jun 2011 |
Terraced |
Freehold |
Floor Area: 124 sq meters or 1,341 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 2011 the House Price Index for CITY OF NOTTINGHAM was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £50,000 results in an estimated price of approximately £86,653.
3 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 148.6 | 73.308 % | £50,000 | £36,653 | £86,653 |
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 | 65.426 % | £32,713 | £82,713 |
3 Month Average | 61.421 % | £30,710 | £80,710 |
6 Month Average | 69.590 % | £34,794 | £84,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £295,164 | £290,000 | UNIT D GADD STREET |
21 Aug 2023 | £65,574 | £65,000 | 25 MANSTON MEWS |
15 Jun 2022 | £365,160 | £360,000 | 8 LAKE STREET |
24 Jan 2022 | £157,861 | £150,000 | 218 ALFRETON ROAD |
23 Nov 2021 | £237,933 | £220,000 | 10 LAKE STREET |
This house has a floor area of 124 sq meters or 1,341 sq feet when measured on 11 Apr 2011. Using an estimated price of £86,654 means this house is valued at £695 per sq meter (£64 per sq foot).
The average size of a house on ALFRETON ROAD is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Unable to prosecute suspect | On or near Peveril Street |
Mar 2024 | Other theft | Under investigation | On or near Peveril Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peveril Street |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Peveril Street |
Mar 2024 | Drugs | Under investigation | On or near Alfreton Road |