£164,975
This estimated value is based upon the latest sale price for the house of £162,000 on 24 Aug 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £162,000 | 24 Aug 2023 |
| £80,000 | 30 May 2014 |
| £80,000 | 26 Feb 2010 |
| £85,000 | 11 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 August 2023 the House Price Index for CITY OF NOTTINGHAM was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £162,000 results in an estimated price of approximately £164,975.
| 24 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £162,000 | £2,975 | £164,975 |
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 | 4.916 % | £7,963 | £169,963 |
| 3 Month Average | 11.418 % | £18,496 | £180,496 |
| 6 Month Average | 9.071 % | £14,695 | £176,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £127,818 | £125,000 | 93 BEACONSFIELD STREET |
| 24 Aug 2023 | £164,976 | £162,000 | 176 BURFORD ROAD |
| 20 Jun 2023 | £147,965 | £145,000 | 186 RUSSELL ROAD |
| 31 Mar 2023 | £132,208 | £130,000 | 135 BURFORD ROAD |
| 26 May 2022 | £133,477 | £130,000 | 199 BURFORD ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 29 Nov 2013. Using an estimated price of £164,976 means this house is valued at £2,291 per sq meter (£212 per sq foot).
The average size of a house on BURFORD ROAD is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Berridge Road Central |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Berridge Road Central |
| Sep 2024 | Drugs | Under investigation | On or near Berridge Road Central |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Berridge Road Central |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Berridge Road Central |