£317,957
This estimated value is based upon the latest sale price for the house of £275,000 on 3 Dec 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 |
|---|---|
| £275,000 | 3 Dec 2020 |
| £220,000 | 31 Mar 2017 |
| £250,000 | 9 Feb 2007 |
| Flats/Maisonettes |
| Leasehold |
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 2020 the House Price Index for CITY OF NOTTINGHAM was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £275,000 results in an estimated price of approximately £317,957.
| 3 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £275,000 | £42,957 | £317,957 |
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 | -13.179 % | £-36,243 | £238,756 |
| 3 Month Average | 1.933 % | £5,315 | £280,315 |
| 6 Month Average | 7.826 % | £21,522 | £296,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £138,516 | £135,000 | FLAT 2 11 MAPPERLEY PARK DRIVE |
| 14 Nov 2023 | £415,548 | £405,000 | 36 REDCLIFFE ROAD |
| 24 Mar 2023 | £661,039 | £650,000 | 3 ELM BANK |
| 18 Nov 2022 | £507,626 | £510,000 | 29 SHIRLEY ROAD |
| 11 Nov 2022 | £278,697 | £280,000 | 7C ELM BANK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mapperley Park Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shirley Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redcliffe Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redcliffe Road |
| Sep 2024 | Drugs | Under investigation | On or near Redcliffe Road |