£365,914
This estimated value is based upon the latest sale price for the house of £300,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £300,000 | 17 Jan 2020 |
| Freehold |
| Floor Area: 28 sq meters or 301 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 January 2020 the House Price Index for CITY OF NOTTINGHAM was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £300,000 results in an estimated price of approximately £365,914.
| 17 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £300,000 | £65,914 | £365,914 |
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 | 22.646 % | £67,938 | £367,938 |
| 3 Month Average | 10.411 % | £31,232 | £331,232 |
| 6 Month Average | 15.150 % | £45,450 | £345,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £104,548 | £103,000 | 8 CAULTON STREET |
| 27 Oct 2022 | £118,722 | £120,000 | 22 BIRKIN AVENUE |
| 15 Jun 2022 | £365,160 | £360,000 | 8 LAKE STREET |
| 18 Feb 2022 | £136,330 | £130,000 | 34 BIRKIN AVENUE |
| 24 Jan 2022 | £157,861 | £150,000 | 218 ALFRETON ROAD |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 10 Jan 2020. Using an estimated price of £365,914 means this house is valued at £13,068 per sq meter (£1,214 per sq foot).
The average size of a house on ALFRETON ROAD is 97 sq meters (1,049 sq feet).
This house is the smallest in the street with a floor area of 28 sq meters (301 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Aspley Place |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Aspley Place |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Aspley Place |
| Mar 2024 | Other crime | Awaiting court outcome | On or near Aspley Place |
| Feb 2024 | Public order | Local resolution | On or near Aspley Place |