£312,880
This estimated value is based upon the latest sale price for the house of £235,000 on 24 Aug 2016. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £235,000 | 24 Aug 2016 |
| £160,000 | 6 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 2016 the House Price Index for CITY OF NOTTINGHAM was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £235,000 results in an estimated price of approximately £312,880.
| 24 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £235,000 | £77,880 | £312,880 |
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 | 41.059 % | £96,487 | £331,487 |
| 3 Month Average | 30.171 % | £70,902 | £305,902 |
| 6 Month Average | 41.339 % | £97,147 | £332,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £395,861 | £390,000 | PARK VIEW WESTERN TERRACE |
| 8 Sep 2023 | £344,404 | £340,000 | FLAT 15 THE PARK OCTAGON WESTERN TERRACE |
| 22 Jun 2023 | £436,791 | £431,500 | 3D WESTERN TERRACE |
| 3 Apr 2023 | £389,190 | £385,000 | FLAT 3 BROADGATE, 2 WESTERN TERRACE |
| 12 Aug 2022 | £817,799 | £820,000 | BRUNELL HOUSE, 202 DERBY ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 Mar 2020. Using an estimated price of £312,881 means this house is valued at £4,171 per sq meter (£387 per sq foot).
The average size of a house on NORTH ROAD is 114 sq meters (1,228 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Western Terrace | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arundel Street |