£125,614
This estimated value is based upon the latest sale price for the house of £61,000 on 19 Apr 2004. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £61,000 | 19 Apr 2004 |
| £36,950 | 20 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 495 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 April 2004 the House Price Index for CITY OF NOTTINGHAM was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £61,000 results in an estimated price of approximately £125,614.
| 19 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £61,000 | £64,614 | £125,614 |
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 | 70.540 % | £43,029 | £104,029 |
| 3 Month Average | 97.073 % | £59,214 | £120,214 |
| 6 Month Average | 78.159 % | £47,677 | £108,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £100,000 | £100,000 | 113A NORTH GATE |
| 5 Apr 2024 | £100,876 | £100,000 | 62 EKOWE STREET |
| 21 Nov 2023 | £138,516 | £135,000 | 1 DELTA STREET |
| 27 Oct 2023 | £123,812 | £121,000 | 3 DELTA STREET |
| 14 Apr 2023 | £71,334 | £70,000 | 85 EGYPT ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 24 Jan 2020. Using an estimated price of £125,614 means this house is valued at £2,730 per sq meter (£253 per sq foot).
The average size of a house on GORDON GROVE is 62 sq meters (669 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Delta Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Delta Street |
| Jun 2024 | Other crime | Action to be taken by another organisation | On or near Delta Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Delta Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Delta Street |