£113,210
This estimated value is based upon the latest sale price for the house of £86,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £86,000 | 6 Jan 2017 |
| £86,000 | 11 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2017 the House Price Index for CITY OF NOTTINGHAM was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £86,000 results in an estimated price of approximately £113,210.
| 6 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £86,000 | £27,210 | £113,210 |
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 | 67.274 % | £57,855 | £143,855 |
| 3 Month Average | 75.935 % | £65,303 | £151,303 |
| 6 Month Average | 51.186 % | £44,020 | £130,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £189,299 | £185,000 | 23 BERRIDGE ROAD |
| 10 Oct 2023 | £127,905 | £125,000 | 62 CEDAR ROAD |
| 26 Sep 2023 | £143,156 | £140,000 | 76 CEDAR ROAD |
| 31 Aug 2023 | £162,939 | £160,000 | 63 CEDAR ROAD |
| 31 Jan 2023 | £195,522 | £195,000 | 28 MYRTLE AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Jun 2016. Using an estimated price of £113,211 means this house is valued at £1,204 per sq meter (£111 per sq foot).
The average size of a house on CEDAR ROAD is 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Myrtle Avenue |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Myrtle Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Myrtle Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wiverton Road |
| Jul 2024 | Anti-social behaviour | On or near Wiverton Road |