£105,233
This estimated value is based upon the latest sale price for the house of £102,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £102,000 | 20 Dec 2023 |
| £50,000 | 22 Jul 2013 |
| £32,950 | 13 Jun 1997 |
| £18,000 | 24 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2023 the House Price Index for CITY OF NOTTINGHAM was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £102,000 results in an estimated price of approximately £105,233.
| 20 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £102,000 | £3,233 | £105,233 |
The Postcode Pricing Model uses changes in average sales price within the NG2 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 | 46.891 % | £47,829 | £149,829 |
| 3 Month Average | 14.769 % | £15,064 | £117,064 |
| 6 Month Average | 13.460 % | £13,729 | £115,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £105,234 | £102,000 | 22 WESTWOOD ROAD |
| 27 Oct 2023 | £138,137 | £135,000 | 3 WESTWOOD ROAD |
| 14 Aug 2023 | £157,847 | £155,000 | 32 WESTWOOD ROAD |
| 22 Mar 2023 | £111,868 | £110,000 | 21 KENTWOOD ROAD |
| 27 Feb 2023 | £145,975 | £145,000 | 31 LYNDHURST ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Apr 2018. Using an estimated price of £105,234 means this house is valued at £1,349 per sq meter (£125 per sq foot).
The average size of a house on WESTWOOD ROAD is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Westwood Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westwood Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westwood Road |