£351,882
This estimated value is based upon the latest sale price for the house of £195,000 on 21 Nov 2008. 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 Rise
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| Price Paid | Date |
|---|---|
| £195,000 | 21 Nov 2008 |
| £215,000 | 22 Jan 2008 |
| £215,000 | 29 Apr 2005 |
| £83,500 | 9 Apr 1998 |
| Detached |
| Freehold |
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 2008 the House Price Index for CITY OF NOTTINGHAM was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.452%.Applying this 80.452% change to the original purchase price of £195,000 results in an estimated price of approximately £351,882.
| 21 Nov 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.452 % | £195,000 | £156,882 | £351,882 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 99.380 % | £193,791 | £388,791 |
| 3 Month Average | 96.114 % | £187,422 | £382,422 |
| 6 Month Average | 84.732 % | £165,226 | £360,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £144,216 | £142,000 | 3 LARCH HOUSE THE FIRS |
| 18 Dec 2023 | £257,926 | £250,000 | 2 APPLEWOOD GROVE |
| 8 Dec 2023 | £315,701 | £306,000 | 23 ELMSWOOD GARDENS |
| 25 Aug 2023 | £420,586 | £413,000 | 100 ELMSWOOD GARDENS |
| 9 Jun 2023 | £132,658 | £130,000 | 24 LARCH HOUSE THE FIRS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Awaiting court outcome | On or near The Rise |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Applewood Grove |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmswood Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmswood Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Trevose Gardens |