£417,861
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Dec 2009. 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 Gloucester Avenue
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Price Paid | Date |
---|---|
£240,000 | 14 Dec 2009 |
Detached |
Freehold |
Floor Area: 141 sq meters or 1,517 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 December 2009 the House Price Index for CITY OF NOTTINGHAM was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £240,000 results in an estimated price of approximately £417,861.
14 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.109 % | £240,000 | £177,861 | £417,861 |
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 | 56.941 % | £136,658 | £376,658 |
3 Month Average | 88.004 % | £211,209 | £451,209 |
6 Month Average | 68.536 % | £164,486 | £404,486 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £320,017 | £315,100 | 13 WILLOUGHBY AVENUE |
14 Aug 2023 | £320,786 | £315,000 | 21 DEVONSHIRE PROMENADE |
28 Apr 2023 | £326,099 | £320,000 | 28 GLOUCESTER AVENUE |
16 Mar 2023 | £407,302 | £400,500 | 18 GLOUCESTER AVENUE |
25 Jan 2023 | £240,643 | £240,000 | 318 DERBY ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 30 Mar 2017. Using an estimated price of £417,862 means this house is valued at £2,963 per sq meter (£275 per sq foot).
The average size of a house on GLOUCESTER AVENUE is 114 sq meters (1,236 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,517 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gloucester Avenue |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Gloucester Avenue |
Jun 2024 | Public order | Under investigation | On or near Gloucester Avenue |
May 2024 | Drugs | Investigation complete; no suspect identified | On or near Gloucester Avenue |
Jul 2024 | Anti-social behaviour | On or near Henry Road |