£1,185,541
This estimated value is based upon the latest sale price for the house of £350,000 on 12 Jul 2001. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£350,000 | 12 Jul 2001 |
£285,000 | 4 Apr 2000 |
Semi-Detached |
Freehold |
Floor Area: 198 sq meters or 2,131 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 July 2001 the House Price Index for CITY OF NOTTINGHAM was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £350,000 results in an estimated price of approximately £1,185,541.
12 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £350,000 | £835,541 | £1,185,541 |
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 | 214.418 % | £750,463 | £1,100,463 |
3 Month Average | 284.593 % | £996,077 | £1,346,077 |
6 Month Average | 239.325 % | £837,638 | £1,187,638 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £371,413 | £360,000 | 10A CAVENDISH CRESCENT NORTH |
27 Oct 2023 | £184,183 | £180,000 | FLAT 5 NORTHWOOD CLUMBER ROAD EAST |
26 Oct 2023 | £783,802 | £766,000 | 5 NEWCASTLE CIRCUS |
20 Oct 2023 | £1,330,212 | £1,300,000 | 16 CAVENDISH CRESCENT NORTH |
14 Apr 2023 | £662,389 | £650,000 | 2 TENNIS VIEW TATTERSHALL DRIVE |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 17 Feb 2017. Using an estimated price of £1,185,541 means this house is valued at £5,987 per sq meter (£556 per sq foot).
The average size of a house on TUNNEL ROAD is 82 sq meters (884 sq feet).
This house is the largest in the street with a floor area of 198 sq meters (2,131 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tunnel Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavendish Crescent North |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albury Square |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albury Square |
Jul 2024 | Vehicle crime | Under investigation | On or near Tennis Drive |