£292,436
This estimated value is based upon the latest sale price for the house of £235,000 on 27 Feb 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 |
|---|---|
| £235,000 | 27 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2019 the House Price Index for CITY OF NOTTINGHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £235,000 results in an estimated price of approximately £292,436.
| 27 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £235,000 | £57,436 | £292,436 |
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 | 36.348 % | £85,416 | £320,416 |
| 3 Month Average | 34.589 % | £81,284 | £316,284 |
| 6 Month Average | 22.827 % | £53,643 | £288,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £445,000 | £445,000 | 3 INGHAM GROVE |
| 3 Nov 2023 | £533,544 | £520,000 | 17 INGHAM GROVE |
| 3 Nov 2023 | £461,720 | £450,000 | 62 ARNESBY ROAD |
| 3 Nov 2023 | £461,720 | £450,000 | 47 ARNESBY ROAD |
| 2 Nov 2022 | £520,068 | £522,500 | 345 DERBY ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 18 May 2018. Using an estimated price of £292,437 means this house is valued at £3,285 per sq meter (£305 per sq foot).
The average size of a house on INGHAM GROVE is 176 sq meters (1,894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Ingham Grove |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Ingham Grove |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ingham Grove |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rathmines Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Rathmines Close |