£189,399
This estimated value is based upon the latest sale price for the house of £110,000 on 6 Mar 2012. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There has been one burglary within the last year on or near Park Road
More crime details
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| Price Paid | Date |
|---|---|
| £110,000 | 6 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 March 2012 the House Price Index for CITY OF NOTTINGHAM was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £110,000 results in an estimated price of approximately £189,399.
| 6 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £110,000 | £79,399 | £189,399 |
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 | 55.671 % | £61,237 | £171,237 |
| 3 Month Average | 73.363 % | £80,699 | £190,699 |
| 6 Month Average | 103.394 % | £113,733 | £223,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £182,809 | £180,000 | 15 WILLOUGHBY STREET |
| 5 Sep 2023 | £224,959 | £220,000 | 2 CHIPPENDALE STREET |
| 25 Aug 2023 | £124,750 | £122,500 | 16 ALLINGTON AVENUE |
| 23 Mar 2023 | £177,972 | £175,000 | 17A PARK ROAD |
| 1 Sep 2022 | £274,816 | £275,000 | 99 ALLINGTON AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 23 Sep 2013. Using an estimated price of £189,400 means this house is valued at £1,753 per sq meter (£162 per sq foot).
The average size of a house on PARK ROAD is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Park Road |