£282,761
This estimated value is based upon the latest sale price for the house of £195,000 on 9 Jul 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 9 Jul 2015 |
| £168,000 | 16 Dec 2013 |
| £115,000 | 31 Jul 2001 |
| £57,500 | 12 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 885 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in July 2015 the House Price Index for NOTTINGHAMSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £195,000 results in an estimated price of approximately £282,761.
| 9 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £195,000 | £87,761 | £282,761 |
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 | 69.452 % | £135,431 | £330,431 |
| 3 Month Average | 93.034 % | £181,415 | £376,415 |
| 6 Month Average | 79.836 % | £155,680 | £350,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £417,815 | £410,000 | FLAT 28 ROYAL STANDARD HOUSE STANDARD HILL |
| 29 Jul 2022 | £245,460 | £243,000 | 9 VALLEY HOUSE PARK VALLEY |
| 17 May 2022 | £164,280 | £160,000 | APARTMENT 97 THE ARENA STANDARD HILL |
| 13 May 2022 | £385,031 | £375,000 | FLAT 27 ROYAL STANDARD HOUSE STANDARD HILL |
| 17 Dec 2021 | £302,206 | £280,000 | FLAT 11 ROYAL STANDARD HOUSE STANDARD HILL |
This house has a floor area of 82 sq meters or 885 sq feet when measured on 23 Mar 2012. Using an estimated price of £282,762 means this house is valued at £3,435 per sq meter (£319 per sq foot).
The average size of a house on PARK VALLEY is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Valley |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Valley |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Valley |
| Jul 2024 | Anti-social behaviour | On or near Postern Street | |
| Jul 2024 | Anti-social behaviour | On or near Postern Street |