£109,394
This estimated value is based upon the latest sale price for the house of £68,000 on 18 May 2007. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £68,000 | 18 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2007 the House Price Index for CITY OF NOTTINGHAM was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £68,000 results in an estimated price of approximately £109,394.
| 18 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £68,000 | £41,394 | £109,394 |
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 | 37.799 % | £25,703 | £93,703 |
| 3 Month Average | 49.123 % | £33,403 | £101,403 |
| 6 Month Average | 58.034 % | £39,463 | £107,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £162,184 | £158,500 | 70 NEWMARKET ROAD |
| 25 Oct 2023 | £168,835 | £165,000 | 31 QUARRY AVENUE |
| 7 Aug 2023 | £147,663 | £145,000 | 25 QUARRY AVENUE |
| 14 Apr 2023 | £150,311 | £147,500 | 33 STOCK WELL |
| 2 Mar 2023 | £106,783 | £105,000 | 13 QUARRY AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 31 Jul 2013. Using an estimated price of £109,395 means this house is valued at £1,243 per sq meter (£115 per sq foot).
The average size of a house on NEWMARKET ROAD is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Newmarket Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Newmarket Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newmarket Road |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Newmarket Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newmarket Road |