£128,635
This estimated value is based upon the latest sale price for the house of £42,600 on 28 Mar 2002. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£42,600 | 28 Mar 2002 |
£31,000 | 12 Mar 1999 |
£25,000 | 25 Aug 1998 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 2002 the House Price Index for CITY OF NOTTINGHAM was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £42,600 results in an estimated price of approximately £128,635.
28 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.2 | 148.6 | 201.961 % | £42,600 | £86,035 | £128,635 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 194.450 % | £82,835 | £125,435 |
3 Month Average | 201.745 % | £85,943 | £128,543 |
6 Month Average | 215.035 % | £91,604 | £134,204 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £148,600 | £146,000 | 55 LANDMERE GARDENS |
29 Sep 2023 | £212,720 | £210,000 | 278 THE WELLS ROAD |
30 Aug 2023 | £147,289 | £146,000 | 5 LANDMERE GARDENS |
10 Aug 2023 | £137,200 | £136,000 | 48 LANDMERE GARDENS |
1 Jun 2023 | £147,790 | £146,000 | 326 THE WELLS ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 26 Sep 2013. Using an estimated price of £128,636 means this house is valued at £2,256 per sq meter (£209 per sq foot).
The average size of a house on LANDMERE GARDENS is 51 sq meters (556 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Landmere Gardens |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Landmere Gardens |