£371,133
This estimated value is based upon the latest sale price for the house of £189,000 on 9 Jul 2004. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £189,000 | 9 Jul 2004 |
| £189,000 | 9 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 772 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 July 2004 the House Price Index for CITY OF NOTTINGHAM was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £189,000 results in an estimated price of approximately £371,133.
| 9 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £189,000 | £182,133 | £371,133 |
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 | 43.007 % | £81,283 | £270,283 |
| 3 Month Average | 69.143 % | £130,680 | £319,680 |
| 6 Month Average | 92.145 % | £174,154 | £363,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £182,809 | £180,000 | 49 PARK STREET |
| 19 Apr 2023 | £438,196 | £430,000 | 53 TEVERSAL AVENUE |
| 13 Mar 2023 | £396,624 | £390,000 | 70 ROLLESTON DRIVE |
| 6 Mar 2023 | £289,332 | £284,500 | 46 ROLLESTON DRIVE |
| 10 Jan 2023 | £280,750 | £280,000 | 23 HARRINGTON DRIVE |
This house has a floor area of 71 sq meters or 772 sq feet when measured on 3 Jul 2010. Using an estimated price of £371,134 means this house is valued at £5,168 per sq meter (£480 per sq foot).
The average size of a house on WELBY AVENUE is 106 sq meters (1,141 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Kyte Street |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Kyte Street |
| Sep 2024 | Shoplifting | Under investigation | On or near Kyte Street |
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Kyte Street |
| Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Kyte Street |