£88,444
This estimated value is based upon the latest sale price for the house of £60,000 on 23 Mar 2015. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £60,000 | 23 Mar 2015 |
| £66,500 | 19 Sep 2013 |
| £48,000 | 7 Jan 2013 |
| £75,000 | 8 Feb 2005 |
| £58,000 | 14 Apr 2003 |
| £38,500 | 9 Oct 2002 |
| £31,000 | 4 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 March 2015 the House Price Index for CITY OF NOTTINGHAM was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £60,000 results in an estimated price of approximately £88,444.
| 23 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £60,000 | £28,444 | £88,444 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 19.600 % | £11,759 | £71,759 |
| 3 Month Average | 98.753 % | £59,251 | £119,251 |
| 6 Month Average | 78.798 % | £47,278 | £107,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £126,878 | £125,000 | 436 VERNON ROAD |
| 26 Jun 2023 | £139,692 | £138,000 | 496 VERNON ROAD |
| 25 Feb 2023 | £104,929 | £105,000 | 115 BULWELL LANE |
| 20 Jan 2023 | £154,273 | £155,000 | 520 VERNON ROAD |
| 9 Nov 2022 | £123,504 | £125,000 | 452 VERNON ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 10 May 2015. Using an estimated price of £88,444 means this house is valued at £1,065 per sq meter (£98 per sq foot).
The average size of a house on VERNON ROAD is 75 sq meters (814 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Burnaby Street | |
| Mar 2024 | Anti-social behaviour | On or near Burnaby Street | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnaby Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Corncrake Avenue |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Bulwell Lane |