£616,981
This estimated value is based upon the latest sale price for the house of £460,000 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £460,000 | 12 Aug 2016 |
| £175,000 | 4 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 255 sq meters or 2,744 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 2016 the House Price Index for CITY OF NOTTINGHAM was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £460,000 results in an estimated price of approximately £616,981.
| 12 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £460,000 | £156,981 | £616,981 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 68.292 % | £314,144 | £774,144 |
| 3 Month Average | 46.416 % | £213,512 | £673,512 |
| 6 Month Average | 46.506 % | £213,926 | £673,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £495,000 | £495,000 | 196 MANSFIELD ROAD |
| 17 Nov 2023 | £384,767 | £375,000 | 20 MAPPERLEY ROAD |
| 30 Nov 2022 | £339,413 | £341,000 | 2A ELM AVENUE |
| 16 Nov 2022 | £139,348 | £140,000 | FLAT 4 FOTHERGILL COURT MAPPERLEY ROAD |
| 24 Aug 2022 | £251,174 | £250,000 | 12A CHESTNUT GROVE |
This house has a floor area of 255 sq meters or 2,744 sq feet when measured on 5 Apr 2016. Using an estimated price of £616,981 means this house is valued at £2,419 per sq meter (£224 per sq foot).
The average size of a house on VILLA ROAD is 134 sq meters (1,442 sq feet).
This house is the largest in the street with a floor area of 255 sq meters (2,744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Possession of weapons | Unable to prosecute suspect | On or near Villa Road |
| Oct 2024 | Anti-social behaviour | On or near Villa Road | |
| Oct 2024 | Possession of weapons | Under investigation | On or near Villa Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Villa Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Villa Road |