£226,303
This estimated value is based upon the latest sale price for the house of £130,000 on 22 Jul 2011. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 22 Jul 2011 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,186 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 July 2011 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 74.080%.Applying this 74.080% change to the original purchase price of £130,000 results in an estimated price of approximately £226,303.
| 22 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £130,000 | £96,303 | £226,303 |
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 | 54.302 % | £70,592 | £200,592 |
| 3 Month Average | 92.507 % | £120,259 | £250,259 |
| 6 Month Average | 80.631 % | £104,820 | £234,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £168,835 | £165,000 | FLAT 45 PORTLAND SQUARE PORTLAND ROAD |
| 3 Oct 2023 | £126,882 | £124,000 | FLAT 32 PORTLAND SQUARE RALEIGH STREET |
| 16 Jun 2023 | £139,802 | £137,000 | FLAT 23 PORTLAND SQUARE RALEIGH STREET |
| 12 Apr 2023 | £140,121 | £137,500 | FLAT 24 PORTLAND SQUARE RALEIGH STREET |
| 29 Oct 2021 | £144,907 | £130,000 | FLAT 31 PORTLAND SQUARE RALEIGH STREET |
This house has a floor area of 110 sq meters or 1,186 sq feet when measured on 21 Dec 2010. Using an estimated price of £226,303 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on PORTLAND ROAD is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stoneleigh Street |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Stoneleigh Street |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stoneleigh Street |