£165,161
This estimated value is based upon the latest sale price for the house of £134,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £134,000 | 14 Feb 2020 |
| £90,000 | 1 Jul 2011 |
| £116,500 | 4 Oct 2007 |
| £35,000 | 30 Oct 1998 |
| Semi-Detached |
| 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 February 2020 the House Price Index for CITY OF NOTTINGHAM was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £134,000 results in an estimated price of approximately £165,161.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £134,000 | £31,161 | £165,161 |
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 | 47.936 % | £64,234 | £198,234 |
| 3 Month Average | 29.074 % | £38,959 | £172,959 |
| 6 Month Average | 29.263 % | £39,212 | £173,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £215,000 | £215,000 | 16 MERCURY CLOSE |
| 29 Aug 2023 | £173,122 | £170,000 | 17 KELFIELD CLOSE |
| 24 Jan 2023 | £185,496 | £185,000 | 6 ORVILLE ROAD |
| 1 Jul 2022 | £191,923 | £190,000 | 4 VENUS CLOSE |
| 8 Jun 2022 | £137,949 | £135,000 | 38 ORVILLE ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 11 Sep 2019. Using an estimated price of £165,161 means this house is valued at £2,144 per sq meter (£199 per sq foot).
The average size of a house on ORVILLE ROAD is 70 sq meters (754 sq feet).
This house is the largest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orville Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Orville Road |
| Oct 2024 | Public order | Under investigation | On or near Orville Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gayhurst Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gayhurst Road |