£135,711
This estimated value is based upon the latest sale price for the house of £130,000 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 11 Mar 2022 |
| £47,500 | 27 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2022 the House Price Index for CITY OF NOTTINGHAM was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £130,000 results in an estimated price of approximately £135,711.
| 11 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £130,000 | £5,711 | £135,711 |
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 | -3.429 % | £-4,457 | £125,542 |
| 3 Month Average | 13.146 % | £17,089 | £147,089 |
| 6 Month Average | 6.677 % | £8,680 | £138,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £167,652 | £162,500 | 197 BOBBERS MILL ROAD |
| 26 Sep 2023 | £143,156 | £140,000 | 594 BERRIDGE ROAD WEST |
| 31 Mar 2023 | £167,802 | £165,000 | 193 BOBBERS MILL ROAD |
| 1 Mar 2023 | £127,123 | £125,000 | 568 BERRIDGE ROAD WEST |
| 11 Mar 2022 | £135,711 | £130,000 | 5 SOUTHPORT TERRACE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Sep 2021. Using an estimated price of £135,711 means this house is valued at £1,675 per sq meter (£155 per sq foot).
There is one other house on the street which we know the size of, this is 2 SOUTHPORT TERRACE it is 91.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Southport Terrace |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lindley Terrace |
| Jul 2024 | Drugs | Under investigation | On or near Lindley Terrace |
| Jul 2024 | Robbery | Under investigation | On or near Lindley Terrace |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Lindley Terrace |