£244,239
This estimated value is based upon the latest sale price for the house of £200,500 on 9 Jul 2020. 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 The Grove
More crime details
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| Price Paid | Date |
|---|---|
| £200,500 | 9 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 2020 the House Price Index for CITY OF NOTTINGHAM was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £200,500 results in an estimated price of approximately £244,239.
| 9 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £200,500 | £43,739 | £244,239 |
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 | -14.828 % | £-29,730 | £170,769 |
| 3 Month Average | 23.780 % | £47,679 | £248,179 |
| 6 Month Average | 23.306 % | £46,729 | £247,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £299,194 | £290,000 | UNIT D GADD STREET |
| 25 Oct 2023 | £92,092 | £90,000 | 15 SOUTHEY STREET |
| 5 Oct 2023 | £135,068 | £132,000 | 8 ELMORE COURT |
| 4 Apr 2023 | £152,859 | £150,000 | 5 SOPHIE ROAD |
| 20 Mar 2023 | £122,038 | £120,000 | FLAT 15 THE YARD SOPHIE ROAD |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 18 Sep 2021. Using an estimated price of £244,240 means this house is valued at £1,141 per sq meter (£106 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near The Grove |
| Jul 2024 | Robbery | Under investigation | On or near The Grove |
| Jul 2024 | Burglary | Under investigation | On or near The Grove |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near The Grove |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near The Grove |