£73,121
This estimated value is based upon the latest sale price for the house of £39,000 on 3 Apr 2009. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £39,000 | 3 Apr 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2009 the House Price Index for CITY OF NOTTINGHAM was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £39,000 results in an estimated price of approximately £73,121.
| 3 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.491 % | £39,000 | £34,121 | £73,121 |
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 | 113.961 % | £44,444 | £83,444 |
| 3 Month Average | 110.654 % | £43,155 | £82,155 |
| 6 Month Average | 101.822 % | £39,710 | £78,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £175,500 | £175,500 | 26 GRIERSON AVENUE |
| 22 Sep 2023 | £173,832 | £170,000 | 94 RIDGEWAY WALK |
| 1 Sep 2023 | £188,148 | £184,000 | 16 STONEACRE |
| 31 Aug 2023 | £211,311 | £207,500 | 72 BELLEVILLE DRIVE |
| 9 Feb 2023 | £176,177 | £175,000 | 22 STONEACRE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 24 Sep 2018. Using an estimated price of £73,122 means this house is valued at £1,433 per sq meter (£133 per sq foot).
The average size of a house on REEDHAM WALK is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Stoneacre |
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Stoneacre |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoneacre |
| Aug 2024 | Anti-social behaviour | On or near Stoneacre | |
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Stoneacre |