£261,903
This estimated value is based upon the latest sale price for the house of £215,000 on 23 Jul 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £215,000 | 23 Jul 2020 |
| £230,000 | 29 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 218 sq meters or 2,346 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 July 2020 the House Price Index for CITY OF NOTTINGHAM was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £215,000 results in an estimated price of approximately £261,903.
| 23 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £215,000 | £46,903 | £261,903 |
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 | -8.505 % | £-18,286 | £196,713 |
| 3 Month Average | 16.129 % | £34,677 | £249,677 |
| 6 Month Average | 32.509 % | £69,893 | £284,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £225,730 | £220,000 | 32 RUSSELL ROAD |
| 26 Sep 2023 | £89,472 | £87,500 | APARTMENT 6 THE PAVILION, 3 RUSSELL ROAD |
| 12 Sep 2023 | £139,066 | £136,000 | APARTMENT 22 THE PAVILION, 3 RUSSELL ROAD |
| 23 Jun 2023 | £123,398 | £120,925 | 49 RUSSELL ROAD |
| 23 Jun 2023 | £123,398 | £120,925 | 47A RUSSELL ROAD |
This house has a floor area of 218 sq meters or 2,346 sq feet when measured on 15 Apr 2016. Using an estimated price of £261,903 means this house is valued at £1,201 per sq meter (£111 per sq foot).
The average size of a house on BURFORD ROAD is 109 sq meters (1,179 sq feet).
This house is the largest in the street with a floor area of 218 sq meters (2,346 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Gregory Boulevard |
| Sep 2024 | Anti-social behaviour | On or near Gregory Boulevard | |
| Aug 2024 | Anti-social behaviour | On or near Gregory Boulevard | |
| Aug 2024 | Anti-social behaviour | On or near Gregory Boulevard | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Gregory Boulevard |