£1,498,998
This estimated value is based upon the latest sale price for the house of £1,500,000 on 23 Sep 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £1,500,000 | 23 Sep 2022 |
| £600,000 | 29 May 2018 |
| Freehold |
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 September 2022 the House Price Index for CITY OF NOTTINGHAM was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,498,998.
| 23 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £1,500,000 | £-1,001 | £1,498,998 |
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 | 4.863 % | £72,943 | £1,572,943 |
| 3 Month Average | 1.128 % | £16,920 | £1,516,920 |
| 6 Month Average | 4.076 % | £61,141 | £1,561,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £117,200 | £117,200 | FLAT 7 9 PELHAM ROAD |
| 14 Aug 2023 | £84,015 | £82,500 | FLAT 6 291 MANSFIELD ROAD |
| 27 Sep 2022 | £114,923 | £115,000 | 8 RISE COURT HAMILTON ROAD |
| 23 Sep 2022 | £1,498,999 | £1,500,000 | 16 PELHAM ROAD |
| 19 Jul 2022 | £1,111,134 | £1,100,000 | 10 HAMILTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pelham Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pelham Avenue |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Pelham Avenue |
| Oct 2024 | Other crime | Under investigation | On or near Pelham Avenue |
| Oct 2024 | Drugs | Under investigation | On or near Pelham Avenue |