£653,922
This estimated value is based upon the latest sale price for the house of £635,000 on 1 Apr 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £635,000 | 1 Apr 2022 |
| £320,000 | 21 Nov 2007 |
| £285,000 | 21 Sep 2006 |
| £60,000 | 29 Jan 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 April 2022 the House Price Index for CITY OF NOTTINGHAM was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £635,000 results in an estimated price of approximately £653,922.
| 1 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £635,000 | £18,922 | £653,922 |
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 | -28.550 % | £-181,294 | £453,705 |
| 3 Month Average | -12.904 % | £-81,939 | £553,060 |
| 6 Month Average | 1.288 % | £8,179 | £643,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £395,861 | £390,000 | PARK VIEW WESTERN TERRACE |
| 6 Apr 2023 | £328,537 | £325,000 | FLAT 16 PARK EDGE BARRACK LANE |
| 3 Apr 2023 | £389,190 | £385,000 | FLAT 3 BROADGATE, 2 WESTERN TERRACE |
| 12 Aug 2022 | £817,799 | £820,000 | BRUNELL HOUSE, 202 DERBY ROAD |
| 5 Aug 2022 | £194,477 | £195,000 | FLAT 1 226 DERBY ROAD |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 10 May 2019. Using an estimated price of £653,922 means this house is valued at £3,612 per sq meter (£335 per sq foot).
The average size of a house on DERBY ROAD is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Seely Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arundel Street |