£245,154
This estimated value is based upon the latest sale price for the house of £140,750 on 17 Jul 2006. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£140,750 | 17 Jul 2006 |
£30,000 | 14 Jun 1996 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 2006 the House Price Index for CITY OF NOTTINGHAM was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £140,750 results in an estimated price of approximately £245,154.
17 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 149.7 | 74.177 % | £140,750 | £104,404 | £245,154 |
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 | 40.254 % | £56,658 | £197,408 |
3 Month Average | 80.630 % | £113,486 | £254,236 |
6 Month Average | 55.157 % | £77,632 | £218,382 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £133,386 | £130,000 | 33 FALCON CLOSE |
12 Oct 2023 | £194,416 | £190,000 | 8 SANDPIPER WAY |
31 Aug 2023 | £275,468 | £270,500 | 32 CYCLE ROAD |
24 Aug 2023 | £193,490 | £190,000 | 18 SANDPIPER WAY |
4 Aug 2023 | £381,888 | £375,000 | 107 CYCLE ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 18 Sep 2019. Using an estimated price of £245,154 means this house is valued at £2,060 per sq meter (£191 per sq foot).
The average size of a house on CYCLE ROAD is 99 sq meters (1,067 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peregrine Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Sandpiper Way |