£195,256
This estimated value is based upon the latest sale price for the house of £67,000 on 3 May 2002. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £67,000 | 3 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 May 2002 the House Price Index for CITY OF NOTTINGHAM was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £67,000 results in an estimated price of approximately £195,256.
| 3 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £67,000 | £128,256 | £195,256 |
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 | 121.944 % | £81,702 | £148,702 |
| 3 Month Average | 131.034 % | £87,793 | £154,793 |
| 6 Month Average | 150.672 % | £100,950 | £167,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £123,833 | £122,000 | 48 MONTPELIER ROAD |
| 4 Sep 2023 | £420,375 | £415,000 | 12 EDISON VILLAGE NOTTINGHAM SCIENCE & TECHNOLOGY PARK |
| 31 Mar 2023 | £229,664 | £227,500 | 18 BRAILSFORD ROAD |
| 28 Jun 2022 | £239,383 | £236,000 | 46 MONTPELIER ROAD |
| 29 Nov 2021 | £131,945 | £122,000 | 75 MONTPELIER ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 2 Jan 2014. Using an estimated price of £195,257 means this house is valued at £3,099 per sq meter (£287 per sq foot).
The average size of a house on MONTPELIER ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Tonnelier Road | |
| Mar 2024 | Anti-social behaviour | On or near Tonnelier Road | |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Tonnelier Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Tonnelier Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tonnelier Road |