£141,408
This estimated value is based upon the latest sale price for the house of £28,750 on 14 Nov 1997. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£28,750 | 14 Nov 1997 |
£25,000 | 13 Dec 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 November 1997 the House Price Index for NOTTINGHAMSHIRE was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £28,750 results in an estimated price of approximately £141,408.
14 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.2 | 148.6 | 391.855 % | £28,750 | £112,658 | £141,408 |
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 | 287.437 % | £82,638 | £111,388 |
3 Month Average | 312.343 % | £89,798 | £118,548 |
6 Month Average | 328.411 % | £94,418 | £123,168 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £293,343 | £289,000 | FLAT 2 WESTBURY HOUSE, 186 DERBY ROAD |
14 Apr 2023 | £108,670 | £107,500 | FLAT 3 11 WELLINGTON SQUARE |
16 Aug 2022 | £92,252 | £92,500 | 4 GRAFTON COURT |
12 Aug 2022 | £817,799 | £820,000 | BRUNELL HOUSE, 202 DERBY ROAD |
5 Aug 2022 | £194,477 | £195,000 | FLAT 1 226 DERBY ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 30 Jul 2018. Using an estimated price of £141,408 means this house is valued at £3,625 per sq meter (£336 per sq foot).
The average size of a house on WELLINGTON VILLAS is 157 sq meters (1,697 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Wellington Villas |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arundel Street |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Althorpe Street |
Mar 2024 | Robbery | Under investigation | On or near Althorpe Street |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Althorpe Street |