£284,094
This estimated value is based upon the latest sale price for the house of £179,000 on 20 Mar 2008. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£179,000 | 20 Mar 2008 |
£144,000 | 13 Oct 2006 |
£155,000 | 13 Feb 2004 |
£97,500 | 12 Nov 1999 |
Flats/Maisonettes |
Leasehold |
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 2008 the House Price Index for CITY OF NOTTINGHAM was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £179,000 results in an estimated price of approximately £284,094.
20 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.712 % | £179,000 | £105,094 | £284,094 |
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 | 52.453 % | £93,890 | £272,890 |
3 Month Average | 92.450 % | £165,484 | £344,484 |
6 Month Average | 63.893 % | £114,368 | £293,368 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £297,553 | £290,000 | APARTMENT 1 4 NEWCASTLE DRIVE |
1 Aug 2023 | £254,592 | £250,000 | APARTMENT 7 2 - 4 CLINTON TERRACE |
27 Apr 2023 | £87,130 | £85,500 | APARTMENT 68 PARK WEST DERBY ROAD |
27 May 2022 | £412,240 | £401,500 | FLAT 3 THE QUAD, 1 WESTERN TERRACE |
24 Mar 2022 | £273,510 | £262,000 | FLAT 1 7 CLINTON TERRACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Hermon Street | |
Jul 2024 | Anti-social behaviour | On or near Hermon Street | |
Jul 2024 | Anti-social behaviour | On or near Hermon Street | |
Jul 2024 | Anti-social behaviour | On or near Hermon Street | |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hermon Street |