£230,216
This estimated value is based upon the latest sale price for the house of £185,000 on 25 Feb 2019. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There has been one burglary within the last year on or near Weardale Road
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| Price Paid | Date |
|---|---|
| £185,000 | 25 Feb 2019 |
| £135,000 | 8 Jul 2008 |
| £95,000 | 28 Jun 2002 |
| £42,000 | 18 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 February 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 24.441%.Applying this 24.441% change to the original purchase price of £185,000 results in an estimated price of approximately £230,216.
| 25 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £185,000 | £45,216 | £230,216 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 36.795 % | £68,070 | £253,070 |
| 3 Month Average | 36.604 % | £67,717 | £252,717 |
| 6 Month Average | 35.332 % | £65,364 | £250,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £290,235 | £285,000 | 29 WEARDALE ROAD |
| 15 Jun 2023 | £291,849 | £286,000 | 27 WEARDALE ROAD |
| 15 Jun 2023 | £244,908 | £240,000 | 3 TEESDALE ROAD |
| 6 Feb 2023 | £216,446 | £215,000 | 5 TEESDALE ROAD |
| 16 Jan 2023 | £173,965 | £173,500 | 39 TEESDALE ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 22 Nov 2018. Using an estimated price of £230,216 means this house is valued at £2,475 per sq meter (£229 per sq foot).
The average size of a house on TEESDALE ROAD is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Weardale Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Weardale Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Emperor Close |
| Sep 2024 | Anti-social behaviour | On or near Emperor Close | |
| Sep 2024 | Anti-social behaviour | On or near Emperor Close |