£121,554
This estimated value is based upon the latest sale price for the house of £120,000 on 20 Sep 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £120,000 | 20 Sep 2023 |
| £69,950 | 8 Dec 2009 |
| £35,000 | 28 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 September 2023 the House Price Index for CITY OF NOTTINGHAM was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £120,000 results in an estimated price of approximately £121,554.
| 20 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £120,000 | £1,554 | £121,554 |
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 | 6.152 % | £7,382 | £127,382 |
| 3 Month Average | -7.588 % | £-9,105 | £110,894 |
| 6 Month Average | -4.190 % | £-5,027 | £114,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £124,173 | £122,000 | 20 WORDSWORTH ROAD |
| 20 Sep 2023 | £121,554 | £120,000 | 9 GRIMSTON ROAD |
| 30 Jun 2023 | £131,594 | £130,000 | 13 GRIMSTON ROAD |
| 17 Apr 2023 | £141,524 | £140,000 | 66 GRIMSTON ROAD |
| 29 Nov 2022 | £126,468 | £128,000 | 50 GRIMSTON ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 12 Jul 2018. Using an estimated price of £121,554 means this house is valued at £1,599 per sq meter (£148 per sq foot).
The average size of a house on GRIMSTON ROAD is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Grimston Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Grimston Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Grimston Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grimston Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wordsworth Road |