£126,699
This estimated value is based upon the latest sale price for the house of £84,000 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£84,000 | 7 Nov 2014 |
£99,950 | 3 Jun 2005 |
£89,000 | 30 Apr 2004 |
£57,250 | 2 Feb 2001 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 November 2014 the House Price Index for CITY OF NOTTINGHAM was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £84,000 results in an estimated price of approximately £126,699.
7 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £84,000 | £42,699 | £126,699 |
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 | 71.700 % | £60,228 | £144,228 |
3 Month Average | 62.002 % | £52,081 | £136,081 |
6 Month Average | 56.929 % | £47,820 | £131,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £136,740 | £134,000 | 51 CYRIL AVENUE |
3 Feb 2023 | £247,654 | £246,000 | 33 MEADOW BROWN ROAD |
9 Jan 2023 | £173,463 | £173,000 | 8 WADES AVENUE |
10 Aug 2022 | £251,174 | £250,000 | 38 MEADOW BROWN ROAD |
26 Jul 2022 | £141,417 | £140,000 | 21 WADES AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 23 Jun 2020. Using an estimated price of £126,699 means this house is valued at £2,346 per sq meter (£217 per sq foot).
The average size of a house on MEADOW BROWN ROAD is 66 sq meters (715 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Brown Road |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadow Brown Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Avenue |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edward Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Darley Avenue |