£123,466
This estimated value is based upon the latest sale price for the house of £79,000 on 30 Nov 2007. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £79,000 | 30 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 November 2007 the House Price Index for CITY OF NOTTINGHAM was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £79,000 results in an estimated price of approximately £123,466.
| 30 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £79,000 | £44,466 | £123,466 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 18.229 % | £14,401 | £93,401 |
| 3 Month Average | 59.650 % | £47,123 | £126,123 |
| 6 Month Average | 56.456 % | £44,600 | £123,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £172,500 | £172,500 | 11 RICHMOND AVENUE |
| 1 Nov 2023 | £102,605 | £100,000 | 9 ABBEY GROVE |
| 6 Oct 2023 | £103,347 | £101,000 | 16 CHANDOS STREET |
| 15 Mar 2023 | £254,246 | £250,000 | 6 RICHMOND AVENUE |
| 30 Sep 2022 | £141,905 | £142,000 | 11 ABBEY GROVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 17 Sep 2013. Using an estimated price of £123,467 means this house is valued at £1,603 per sq meter (£148 per sq foot).
The average size of a house on RICHMOND AVENUE is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Possession of weapons | Awaiting court outcome | On or near Richmond Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Avenue |
| Jul 2024 | Public order | Under investigation | On or near Police Station |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Police Station |
| May 2024 | Violence and sexual offences | Under investigation | On or near Police Station |