£137,607
This estimated value is based upon the latest sale price for the house of £112,500 on 20 May 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 |
|---|---|
| £112,500 | 20 May 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 May 2020 the House Price Index for CITY OF NOTTINGHAM was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £112,500 results in an estimated price of approximately £137,607.
| 20 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £112,500 | £25,107 | £137,607 |
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 | -24.057 % | £-27,064 | £85,435 |
| 3 Month Average | 11.470 % | £12,903 | £125,403 |
| 6 Month Average | 24.200 % | £27,224 | £139,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £126,619 | £125,000 | 93 BEACONSFIELD STREET |
| 26 Jul 2023 | £167,251 | £165,000 | 227 NOEL STREET |
| 24 Jul 2023 | £149,005 | £147,000 | 91 BEACONSFIELD STREET |
| 31 Mar 2023 | £131,236 | £130,000 | 135 BURFORD ROAD |
| 26 May 2022 | £132,497 | £130,000 | 199 BURFORD ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 1 Feb 2020. Using an estimated price of £137,608 means this house is valued at £1,581 per sq meter (£146 per sq foot).
The average size of a house on NOEL STREET is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Elson Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elson Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elson Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elson Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elson Street |