£61,767
This estimated value is based upon the latest sale price for the house of £50,000 on 11 Jan 2019. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £50,000 | 11 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 January 2019 the House Price Index for CITY OF NOTTINGHAM was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £50,000 results in an estimated price of approximately £61,767.
| 11 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £50,000 | £11,767 | £61,767 |
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 | 12.748 % | £6,373 | £56,373 |
| 3 Month Average | -25.381 % | £-12,690 | £37,309 |
| 6 Month Average | 7.658 % | £3,828 | £53,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £142,244 | £141,000 | 32 NORWOOD ROAD |
| 31 Mar 2023 | £134,265 | £133,000 | 30 NORWOOD ROAD |
| 3 Mar 2023 | £90,856 | £90,000 | 2 LONSDALE ROAD |
| 18 Jan 2023 | £119,437 | £120,000 | 5 TARGET STREET |
| 6 Oct 2022 | £128,615 | £130,000 | 16 BRAMCOTE STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Jan 2019. Using an estimated price of £61,768 means this house is valued at £812 per sq meter (£75 per sq foot).
There is one other house on the street which we know the size of, this is 19 CLAPHAM STREET it is 96.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Clapham Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Croydon Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norwood Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Norwood Road |