£147,176
This estimated value is based upon the latest sale price for the house of £72,500 on 21 May 2004. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£72,500 | 21 May 2004 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 849 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 May 2004 the House Price Index for CITY OF NOTTINGHAM was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £72,500 results in an estimated price of approximately £147,176.
21 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 149.7 | 103.002 % | £72,500 | £74,676 | £147,176 |
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 | 66.993 % | £48,569 | £121,069 |
3 Month Average | 96.914 % | £70,262 | £142,762 |
6 Month Average | 76.259 % | £55,287 | £127,787 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £127,123 | £125,000 | 15 SCOTHOLME AVENUE |
10 Mar 2023 | £221,702 | £218,000 | FLAT 2 272 RADFORD ROAD |
10 Mar 2023 | £221,702 | £218,000 | FLAT 3 272 RADFORD ROAD |
10 Mar 2023 | £174,921 | £172,000 | FLAT 7 270 RADFORD ROAD |
29 Jul 2022 | £89,901 | £89,000 | 4 SCOTHOLME AVENUE |
This house has a floor area of 78 sq meters or 849 sq feet when measured on 24 Feb 2010. Using an estimated price of £147,176 means this house is valued at £1,865 per sq meter (£173 per sq foot).
The average size of a house on SCOTHOLME AVENUE is 75 sq meters (814 sq feet).
This house is the largest in the street with a floor area of 78 sq meters (849 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Scotholme Avenue |
Jul 2024 | Anti-social behaviour | On or near Scotholme Avenue | |
Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Scotholme Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Scotholme Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Scotholme Avenue |