£108,556
This estimated value is based upon the latest sale price for the house of £100,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 27 Sep 2021 |
| £72,500 | 4 Nov 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 826 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in September 2021 the House Price Index for NOTTINGHAMSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £100,000 results in an estimated price of approximately £108,556.
| 27 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £100,000 | £8,556 | £108,556 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | 8.395 % | £8,394 | £108,394 |
| 3 Month Average | 17.315 % | £17,315 | £117,315 |
| 6 Month Average | 8.040 % | £8,040 | £108,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £128,963 | £125,000 | 14 SOMERSALL STREET |
| 1 Nov 2023 | £110,813 | £108,000 | 10 SOMERSALL STREET |
| 31 Aug 2023 | £101,837 | £100,000 | 16 SOMERSALL STREET |
| 23 Jun 2023 | £122,454 | £120,000 | 9 SOMERSALL STREET |
| 10 Feb 2023 | £251,631 | £249,950 | 2C REDGATE STREET |
This house has a floor area of 76 sq meters or 826 sq feet when measured on 28 Sep 2010. Using an estimated price of £108,557 means this house is valued at £1,413 per sq meter (£131 per sq foot).
The average size of a house on SOMERSALL STREET is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redgate Street |
| Oct 2024 | Drugs | Under investigation | On or near Redgate Street |
| Oct 2024 | Other theft | Under investigation | On or near Redgate Street |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Redgate Street |
| Sep 2024 | Anti-social behaviour | On or near Redgate Street |