£244,918
This estimated value is based upon the latest sale price for the house of £140,000 on 6 Jun 2006. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£140,000 | 6 Jun 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 June 2006 the House Price Index for CITY OF NOTTINGHAM was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £140,000 results in an estimated price of approximately £244,918.
6 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.6 | 149.7 | 74.941 % | £140,000 | £104,918 | £244,918 |
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 | 47.890 % | £67,046 | £207,046 |
3 Month Average | 74.283 % | £103,996 | £243,996 |
6 Month Average | 58.523 % | £81,932 | £221,932 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Apr 2023 | £87,130 | £85,500 | APARTMENT 68 PARK WEST DERBY ROAD |
21 Dec 2021 | £145,707 | £135,000 | APARTMENT 9 PARK WEST DERBY ROAD |
29 Apr 2021 | £96,691 | £85,000 | APARTMENT 66 PARK WEST DERBY ROAD |
6 Nov 2020 | £169,351 | £145,000 | FLAT 1 221 DERBY ROAD |
6 Nov 2020 | £163,511 | £140,000 | FLAT 1 219 DERBY ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 14 Nov 2016. Using an estimated price of £244,918 means this house is valued at £3,449 per sq meter (£320 per sq foot).
The average size of a house on DERBY ROAD is 95 sq meters (1,032 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Hermon Street | |
Jul 2024 | Anti-social behaviour | On or near Hermon Street | |
Jul 2024 | Anti-social behaviour | On or near Hermon Street | |
Jul 2024 | Anti-social behaviour | On or near Hermon Street | |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hermon Street |