£259,733
This estimated value is based upon the latest sale price for the house of £145,000 on 25 Nov 2008. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £145,000 | 25 Nov 2008 |
| £80,000 | 20 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 November 2008 the House Price Index for CITY OF NOTTINGHAM was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £145,000 results in an estimated price of approximately £259,733.
| 25 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.126 % | £145,000 | £114,733 | £259,733 |
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 | 37.784 % | £54,786 | £199,786 |
| 3 Month Average | 40.050 % | £58,072 | £203,072 |
| 6 Month Average | 55.332 % | £80,231 | £225,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £223,306 | £220,000 | 32 RUSSELL ROAD |
| 26 Sep 2023 | £88,633 | £87,500 | APARTMENT 6 THE PAVILION, 3 RUSSELL ROAD |
| 12 Sep 2023 | £137,761 | £136,000 | APARTMENT 22 THE PAVILION, 3 RUSSELL ROAD |
| 23 Jun 2023 | £122,408 | £120,925 | 47A RUSSELL ROAD |
| 23 Jun 2023 | £122,408 | £120,925 | 49 RUSSELL ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 15 Dec 2015. Using an estimated price of £259,733 means this house is valued at £3,020 per sq meter (£280 per sq foot).
The average size of a house on RUSSELL ROAD is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gregory Boulevard |
| Feb 2024 | Anti-social behaviour | On or near Gregory Boulevard | |
| Feb 2024 | Anti-social behaviour | On or near Gregory Boulevard | |
| Feb 2024 | Anti-social behaviour | On or near Gregory Boulevard | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gregory Boulevard |