£246,435
This estimated value is based upon the latest sale price for the house of £217,500 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £217,500 | 18 Dec 2020 |
| £170,000 | 6 Jun 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2020 the House Price Index for CITY OF NOTTINGHAM was 129.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.304%.Applying this 13.304% change to the original purchase price of £217,500 results in an estimated price of approximately £246,435.
| 18 Dec 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 146.7 | 13.304 % | £217,500 | £28,935 | £246,435 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | -21.731 % | £-47,265 | £170,234 |
| 3 Month Average | 2.836 % | £6,168 | £223,668 |
| 6 Month Average | 12.727 % | £27,680 | £245,180 |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 22 Aug 2020.
The average size of a house on PENARTH GARDENS is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Penarth Rise | |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Supermarket |
| Dec 2023 | Anti-social behaviour | On or near Supermarket |