£354,400
This estimated value is based upon the latest sale price for the house of £205,000 on 27 Oct 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 |
|---|---|
| £205,000 | 27 Oct 2011 |
| £71,000 | 19 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 October 2011 the House Price Index for CITY OF NOTTINGHAM was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £205,000 results in an estimated price of approximately £354,400.
| 27 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £205,000 | £149,400 | £354,400 |
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 | 70.485 % | £144,493 | £349,493 |
| 3 Month Average | 48.074 % | £98,552 | £303,552 |
| 6 Month Average | 57.612 % | £118,103 | £323,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £353,089 | £350,000 | 20 MIDLAND AVENUE |
| 18 Aug 2023 | £177,553 | £176,000 | 6 MIRBERRY MEWS |
| 14 Jul 2023 | £476,412 | £470,000 | 46 MIDLAND AVENUE |
| 25 Feb 2022 | £348,167 | £332,000 | 23 ALBERT ROAD |
| 18 Feb 2022 | £190,862 | £182,000 | 3 MIRBERRY MEWS |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 14 Jan 2019. Using an estimated price of £354,401 means this house is valued at £2,953 per sq meter (£274 per sq foot).
The average size of a house on MIDLAND AVENUE is 115 sq meters (1,247 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Midland Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Midland Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Midland Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Midland Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Midland Avenue |