£198,937
This estimated value is based upon the latest sale price for the house of £173,100 on 30 Jul 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 |
|---|---|
| £173,100 | 30 Jul 2021 |
| £100,000 | 27 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2021 the House Price Index for CITY OF NOTTINGHAM was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £173,100 results in an estimated price of approximately £198,937.
| 30 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £173,100 | £25,837 | £198,937 |
The Postcode Pricing Model uses changes in average sales price within the NG11 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 | 138.744 % | £240,165 | £413,265 |
| 3 Month Average | 51.017 % | £88,311 | £261,411 |
| 6 Month Average | 44.755 % | £77,470 | £250,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £230,953 | £228,000 | 18 WIDECOMBE LANE |
| 15 Mar 2023 | £179,188 | £177,500 | 17 CLOUDS HILL |
| 16 Aug 2022 | £180,514 | £181,000 | 572 FARNBOROUGH ROAD |
| 1 Jul 2022 | £225,106 | £224,500 | 80 HAVENWOOD RISE |
| 13 Jun 2022 | £192,724 | £190,000 | 625 FARNBOROUGH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 7 Jul 2015. Using an estimated price of £198,938 means this house is valued at £2,286 per sq meter (£212 per sq foot).
There is one other house on the street which we know the size of, this is 9 CHEPSTOW ROAD it is 82.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chepstow Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chepstow Road |