£178,250
This estimated value is based upon the latest sale price for the house of £114,000 on 17 Dec 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 |
|---|---|
| £114,000 | 17 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 December 2007 the House Price Index for CITY OF NOTTINGHAM was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £114,000 results in an estimated price of approximately £178,250.
| 17 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £114,000 | £64,250 | £178,250 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | 70.915 % | £80,843 | £194,843 |
| 3 Month Average | 74.111 % | £84,486 | £198,486 |
| 6 Month Average | 83.333 % | £94,999 | £208,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £300,623 | £295,000 | 33 ST MARGARETS AVENUE |
| 14 Apr 2023 | £219,098 | £215,000 | 31 ST MARGARETS AVENUE |
| 3 Feb 2023 | £125,841 | £125,000 | 110 TENBURY CRESCENT |
| 25 Feb 2022 | £306,373 | £290,000 | 22 ST MARGARETS AVENUE |
| 11 Feb 2022 | £295,808 | £280,000 | 4 ST MARGARETS AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 4 Mar 2016. Using an estimated price of £178,251 means this house is valued at £2,829 per sq meter (£262 per sq foot).
The average size of a house on MELBOURNE ROAD is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Tenbury Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tenbury Crescent |
| Oct 2024 | Drugs | Under investigation | On or near St Margarets Avenue |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near St Margarets Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Margarets Avenue |