£435,088
This estimated value is based upon the latest sale price for the house of £260,000 on 1 Jul 2013. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £260,000 | 1 Jul 2013 |
| £245,500 | 31 Mar 2008 |
| £221,000 | 28 Oct 2005 |
| £184,000 | 8 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
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 July 2013 the House Price Index for CITY OF NOTTINGHAM was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £260,000 results in an estimated price of approximately £435,088.
| 1 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £260,000 | £175,088 | £435,088 |
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 | 93.175 % | £242,254 | £502,254 |
| 3 Month Average | 109.972 % | £285,927 | £545,927 |
| 6 Month Average | 82.337 % | £214,075 | £474,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £229,133 | £225,000 | FLAT 3 ARUNDEL HOUSE, 1 PARK VALLEY |
| 1 Aug 2023 | £254,592 | £250,000 | FLAT 1 13 PARK VALLEY |
| 29 Jul 2022 | £245,460 | £243,000 | 9 VALLEY HOUSE PARK VALLEY |
| 14 Apr 2022 | £632,827 | £610,000 | 7 PEVERIL DRIVE |
| 11 Mar 2022 | £360,157 | £345,000 | THE COACH HOUSE OGLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Valley |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Valley |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Valley |
| May 2024 | Anti-social behaviour | On or near Hope Drive | |
| May 2024 | Anti-social behaviour | On or near Hope Drive |