£103,356
This estimated value is based upon the latest sale price for the house of £30,250 on 29 Jun 2001. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £30,250 | 29 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in June 2001 the House Price Index for NOTTINGHAMSHIRE was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £30,250 results in an estimated price of approximately £103,356.
| 29 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 149.7 | 241.675 % | £30,250 | £73,106 | £103,356 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | 213.242 % | £64,505 | £94,755 |
| 3 Month Average | 245.159 % | £74,160 | £104,410 |
| 6 Month Average | 277.003 % | £83,793 | £114,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £128,963 | £125,000 | 14 SOMERSALL STREET |
| 1 Nov 2023 | £110,813 | £108,000 | 10 SOMERSALL STREET |
| 27 Oct 2023 | £184,183 | £180,000 | 26 BECK CRESCENT |
| 31 Aug 2023 | £101,837 | £100,000 | 16 SOMERSALL STREET |
| 30 Jun 2023 | £178,579 | £175,000 | 48 BECK CRESCENT |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 2 Sep 2013. Using an estimated price of £103,357 means this house is valued at £1,123 per sq meter (£104 per sq foot).
The average size of a house on SOMERSALL STREET is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Redgate Street |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redgate Street |
| Oct 2024 | Drugs | Under investigation | On or near Redgate Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redgate Street |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Redgate Street |