£166,512
This estimated value is based upon the latest sale price for the house of £97,500 on 16 Sep 2010. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £97,500 | 16 Sep 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 740 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 September 2010 the House Price Index for CITY OF NOTTINGHAM was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £97,500 results in an estimated price of approximately £166,512.
| 16 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.782 % | £97,500 | £69,012 | £166,512 |
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 | 67.065 % | £65,388 | £162,888 |
| 3 Month Average | 78.136 % | £76,182 | £173,682 |
| 6 Month Average | 100.941 % | £98,417 | £195,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £398,965 | £395,500 | 1 GEDLING GROVE |
| 17 Nov 2023 | £164,167 | £160,000 | 2 BURNS AVENUE |
| 15 Jun 2023 | £538,798 | £528,000 | 91 FOREST ROAD WEST |
| 8 Jun 2023 | £255,112 | £250,000 | 23 BURNS STREET |
| 22 Jul 2022 | £186,872 | £185,000 | FLAT 10 89B FOREST ROAD WEST |
This house has a floor area of 68 sq meters or 740 sq feet when measured on 29 Jan 2009. Using an estimated price of £166,512 means this house is valued at £2,420 per sq meter (£224 per sq foot).
The average size of a house on BURNS STREET is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burns Street |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Burns Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burns Street |
| Jul 2024 | Anti-social behaviour | On or near Burns Street | |
| Jul 2024 | Anti-social behaviour | On or near Burns Street |