£116,848
This estimated value is based upon the latest sale price for the house of £92,000 on 4 Aug 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There has been one burglary within the last year on or near Lennox Street
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Price Paid | Date |
---|---|
£92,000 | 4 Aug 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 August 2017 the House Price Index for CITY OF NOTTINGHAM was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £92,000 results in an estimated price of approximately £116,848.
4 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £92,000 | £24,848 | £116,848 |
The Postcode Pricing Model uses changes in average sales price within the NG1 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 | 50.955 % | £46,878 | £138,878 |
3 Month Average | -12.497 % | £-11,497 | £80,502 |
6 Month Average | 2.893 % | £2,661 | £94,661 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2023 | £55,750 | £55,000 | FLAT 77 CRANBROOK HOUSE CRANBROOK STREET |
12 Aug 2022 | £94,745 | £95,000 | FLAT 9 THE EDGE, 122 - 124 LOWER PARLIAMENT STREET |
7 Feb 2022 | £50,337 | £48,000 | FLAT 33 CRANBROOK HOUSE CRANBROOK STREET |
7 Feb 2022 | £52,435 | £50,000 | FLAT 32 CRANBROOK HOUSE CRANBROOK STREET |
28 Jan 2022 | £75,773 | £72,000 | FLAT 64 CRANBROOK HOUSE CRANBROOK STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Jun 2015. Using an estimated price of £116,848 means this house is valued at £2,086 per sq meter (£193 per sq foot).
The average size of a house on LOWER PARLIAMENT STREET is 52 sq meters (567 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Lennox Street |
Mar 2024 | Public order | Under investigation | On or near Lennox Street |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lennox Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Nightclub |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Nightclub |