£323,604
This estimated value is based upon the latest sale price for the house of £260,000 on 7 Jun 2019. 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 | 7 Jun 2019 |
| Leasehold |
| Floor Area: 235 sq meters or 2,529 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 June 2019 the House Price Index for CITY OF NOTTINGHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £260,000 results in an estimated price of approximately £323,604.
| 7 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £260,000 | £63,604 | £323,604 |
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 | 9.049 % | £23,527 | £283,527 |
| 3 Month Average | 41.605 % | £108,172 | £368,172 |
| 6 Month Average | 30.417 % | £79,084 | £339,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £398,965 | £395,500 | 1 GEDLING GROVE |
| 1 Dec 2023 | £139,280 | £135,000 | FLAT 2 50 FOREST ROAD WEST |
| 15 Jun 2023 | £538,798 | £528,000 | 91 FOREST ROAD WEST |
| 7 Jun 2023 | £176,028 | £172,500 | FLAT 8 89A FOREST ROAD WEST |
| 21 Apr 2023 | £219,098 | £215,000 | 44A FOREST ROAD WEST |
This house has a floor area of 235 sq meters or 2,529 sq feet when measured on 28 May 2012. Using an estimated price of £323,604 means this house is valued at £1,377 per sq meter (£127 per sq foot).
The average size of a house on FOREST ROAD WEST is 77 sq meters (832 sq feet).
This house is the largest in the street with a floor area of 235 sq meters (2,529 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lawson Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lawson Street |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lawson Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawson Street |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Lawson Street |