£192,918
This estimated value is based upon the latest sale price for the house of £155,000 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £155,000 | 7 Jun 2019 |
| £121,000 | 15 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 June 2019 the House Price Index for CITY OF NOTTINGHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £155,000 results in an estimated price of approximately £192,918.
| 7 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £155,000 | £37,918 | £192,918 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | 6.145 % | £9,525 | £164,525 |
| 3 Month Average | 27.304 % | £42,320 | £197,320 |
| 6 Month Average | 32.234 % | £49,963 | £204,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £300,623 | £295,000 | 33 ST MARGARETS AVENUE |
| 14 Apr 2023 | £219,098 | £215,000 | 31 ST MARGARETS AVENUE |
| 5 Apr 2023 | £163,050 | £160,000 | 19 LEDBURY VALE |
| 30 Jun 2022 | £194,150 | £190,000 | 26 LEDBURY VALE |
| 21 Mar 2022 | £138,321 | £132,500 | 36 TENBURY CRESCENT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 Jun 2015. Using an estimated price of £192,918 means this house is valued at £2,192 per sq meter (£203 per sq foot).
The average size of a house on MELBOURNE ROAD is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Ledbury Vale | |
| Aug 2024 | Anti-social behaviour | On or near Ledbury Vale | |
| Aug 2024 | Anti-social behaviour | On or near Ledbury Vale | |
| Aug 2024 | Anti-social behaviour | On or near Ledbury Vale | |
| Aug 2024 | Anti-social behaviour | On or near Ledbury Vale |