£289,666
This estimated value is based upon the latest sale price for the house of £130,000 on 14 Nov 2003. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 14 Nov 2003 |
| £44,000 | 19 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 2003 the House Price Index for CITY OF NOTTINGHAM was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £130,000 results in an estimated price of approximately £289,666.
| 14 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £130,000 | £159,666 | £289,666 |
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 | 79.617 % | £103,501 | £233,501 |
| 3 Month Average | 120.929 % | £157,208 | £287,208 |
| 6 Month Average | 91.664 % | £119,163 | £249,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £220,000 | £220,000 | 11 EDISON VILLAGE NOTTINGHAM SCIENCE & TECHNOLOGY PARK |
| 23 Nov 2023 | £125,178 | £122,000 | 48 MONTPELIER ROAD |
| 31 Mar 2023 | £231,364 | £227,500 | 18 BRAILSFORD ROAD |
| 28 Jun 2022 | £241,155 | £236,000 | 46 MONTPELIER ROAD |
| 29 Nov 2021 | £132,921 | £122,000 | 75 MONTPELIER ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Jun 2018. Using an estimated price of £289,666 means this house is valued at £3,713 per sq meter (£345 per sq foot).
The average size of a house on MONTPELIER ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Montpelier Road |
| May 2024 | Drugs | Awaiting court outcome | On or near Brailsford Road |
| May 2024 | Public order | Unable to prosecute suspect | On or near Brailsford Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Claude Street |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Claude Street |