£89,819
This estimated value is based upon the latest sale price for the house of £60,000 on 20 Jan 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£60,000 | 20 Jan 2015 |
£80,000 | 28 Mar 2008 |
£59,950 | 12 Dec 2003 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in January 2015 the House Price Index for NOTTINGHAMSHIRE was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £60,000 results in an estimated price of approximately £89,819.
20 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £60,000 | £29,819 | £89,819 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | 5.389 % | £3,233 | £63,233 |
3 Month Average | 41.062 % | £24,637 | £84,637 |
6 Month Average | 44.322 % | £26,593 | £86,593 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £92,853 | £90,000 | 2 HIBBERT ROAD |
24 Nov 2023 | £122,099 | £119,000 | 6 BLAKE CRESCENT |
13 Oct 2023 | £145,812 | £142,500 | 9 FRANCIS STREET |
9 Oct 2023 | £81,859 | £80,000 | 76 RAVENSDALE ROAD |
18 Aug 2023 | £152,755 | £150,000 | 20 HIBBERT ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Sep 2014. Using an estimated price of £89,820 means this house is valued at £1,230 per sq meter (£114 per sq foot).
The average size of a house on RAVENSDALE ROAD is 78 sq meters (845 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Blake Crescent | |
Jun 2024 | Anti-social behaviour | On or near Blake Crescent | |
May 2024 | Drugs | Investigation complete; no suspect identified | On or near Blake Crescent |
Jul 2024 | Anti-social behaviour | On or near Ravensdale Avenue | |
Jun 2024 | Criminal damage and arson | Formal action is not in the public interest | On or near Ravensdale Avenue |