£153,261
This estimated value is based upon the latest sale price for the house of £142,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£142,000 | 3 Dec 2021 |
£75,000 | 2 May 2014 |
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 December 2021 the House Price Index for CITY OF NOTTINGHAM was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £142,000 results in an estimated price of approximately £153,261.
3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £142,000 | £11,261 | £153,261 |
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 | 9.106 % | £12,931 | £154,931 |
3 Month Average | 3.355 % | £4,763 | £146,763 |
6 Month Average | 8.533 % | £12,116 | £154,116 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £152,755 | £150,000 | 558 VERNON ROAD |
26 Jun 2023 | £140,822 | £138,000 | 496 VERNON ROAD |
25 Feb 2023 | £105,706 | £105,000 | 115 BULWELL LANE |
20 Jan 2023 | £155,415 | £155,000 | 520 VERNON ROAD |
30 May 2022 | £109,862 | £107,000 | 576 VERNON ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 31 Jul 2021. Using an estimated price of £153,262 means this house is valued at £1,846 per sq meter (£171 per sq foot).
The average size of a house on VERNON ROAD is 75 sq meters (814 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Gordon Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Street |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gordon Street |
Jul 2024 | Anti-social behaviour | On or near Ealing Avenue | |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Ealing Avenue |