£152,046
This estimated value is based upon the latest sale price for the house of £150,000 on 7 Jul 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 |
|---|---|
| £150,000 | 7 Jul 2023 |
| Terraced |
| Freehold |
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 July 2023 the House Price Index for CITY OF NOTTINGHAM was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £150,000 results in an estimated price of approximately £152,046.
| 7 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £150,000 | £2,046 | £152,046 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | -6.792 % | £-10,187 | £139,812 |
| 3 Month Average | 15.383 % | £23,074 | £173,074 |
| 6 Month Average | 10.918 % | £16,377 | £166,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £167,761 | £165,616 | 17 MIDLAME GARDENS |
| 18 Aug 2023 | £91,932 | £91,128 | 16 WHITEBEAM GARDENS |
| 7 Jul 2023 | £152,046 | £150,000 | 24 MIDLAME GARDENS |
| 7 Jul 2023 | £134,814 | £133,000 | 11 STONEY HOUGHTON GARDENS |
| 16 Jun 2022 | £193,738 | £191,000 | 59 CORBEN GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Midlame Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Midlame Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nine Acre Gardens |