£110,601
This estimated value is based upon the latest sale price for the house of £80,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 29 Jan 2016 |
| £32,500 | 5 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2016 the House Price Index for CITY OF NOTTINGHAM was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £80,000 results in an estimated price of approximately £110,601.
| 29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £80,000 | £30,601 | £110,601 |
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 | 40.457 % | £32,365 | £112,365 |
| 3 Month Average | 50.923 % | £40,738 | £120,738 |
| 6 Month Average | 60.697 % | £48,557 | £128,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £208,287 | £203,000 | 16 WIVERTON ROAD |
| 27 Oct 2023 | £189,299 | £185,000 | 23 BERRIDGE ROAD |
| 10 Oct 2023 | £127,905 | £125,000 | 62 CEDAR ROAD |
| 26 Sep 2023 | £143,156 | £140,000 | 76 CEDAR ROAD |
| 31 Aug 2023 | £162,939 | £160,000 | 63 CEDAR ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 9 Sep 2015. Using an estimated price of £110,601 means this house is valued at £891 per sq meter (£82 per sq foot).
The average size of a house on MYRTLE AVENUE is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Myrtle Avenue |
| Oct 2024 | Drugs | Under investigation | On or near Myrtle Avenue |
| Oct 2024 | Possession of weapons | Under investigation | On or near Myrtle Avenue |
| Oct 2024 | Possession of weapons | Under investigation | On or near Myrtle Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wiverton Road |