£186,793
This estimated value is based upon the latest sale price for the house of £150,000 on 22 May 2019. 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 Grove Road
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Price Paid | Date |
---|---|
£150,000 | 22 May 2019 |
£49,000 | 11 Dec 1998 |
Terraced |
Freehold |
Floor Area: 151 sq meters or 1,625 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 May 2019 the House Price Index for CITY OF NOTTINGHAM was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £150,000 results in an estimated price of approximately £186,793.
22 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £150,000 | £36,793 | £186,793 |
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 | 29.360 % | £44,039 | £194,039 |
3 Month Average | 44.964 % | £67,445 | £217,445 |
6 Month Average | 27.515 % | £41,272 | £191,272 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £206,340 | £200,000 | 301 CASTLE BOULEVARD |
19 Jun 2023 | £244,908 | £240,000 | 24 SHERWIN ROAD |
27 Jan 2023 | £54,646 | £54,500 | 17 CASTLE GARDENS |
7 Apr 2022 | £1,244,906 | £1,200,000 | THE GROVE, 273 CASTLE BOULEVARD |
5 Jan 2022 | £169,632 | £160,000 | 4 PETERSHAM MEWS |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 18 Jun 2021. Using an estimated price of £186,793 means this house is valued at £1,237 per sq meter (£114 per sq foot).
The average size of a house on GROVE ROAD is 97 sq meters (1,045 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,625 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Grove Road |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Broadholme Street |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petersham Mews |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petersham Mews |