£63,640
This estimated value is based upon the latest sale price for the house of £19,950 on 7 Dec 2001. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£19,950 | 7 Dec 2001 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 December 2001 the House Price Index for CITY OF NOTTINGHAM was 46.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 218.999%.Applying this 218.999% change to the original purchase price of £19,950 results in an estimated price of approximately £63,640.
7 Dec 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 149.7 | 218.999 % | £19,950 | £43,690 | £63,640 |
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 | 250.159 % | £49,906 | £69,856 |
3 Month Average | 251.995 % | £50,272 | £70,222 |
6 Month Average | 273.985 % | £54,660 | £74,610 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £180,548 | £175,000 | 3 WELTON GARDENS |
11 Sep 2023 | £151,336 | £148,000 | 9 CATHERINE CLOSE |
4 Apr 2023 | £144,707 | £142,000 | 38 MULBERRY GARDENS |
31 Mar 2023 | £125,089 | £123,000 | 30 WELTON GARDENS |
3 Feb 2023 | £161,076 | £160,000 | 37 SPRUCE GARDENS |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Aug 2018. Using an estimated price of £63,640 means this house is valued at £826 per sq meter (£76 per sq foot).
The average size of a house on MULBERRY GARDENS is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harwich Close |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Harwich Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harwich Close |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Milford Close |
Jul 2024 | Anti-social behaviour | On or near Milford Close |