£104,739
This estimated value is based upon the latest sale price for the house of £26,500 on 14 Feb 2000. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £26,500 | 14 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 951 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 February 2000 the House Price Index for CITY OF NOTTINGHAM was 37.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 295.245%.Applying this 295.245% change to the original purchase price of £26,500 results in an estimated price of approximately £104,739.
| 14 Feb 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 149.7 | 295.245 % | £26,500 | £78,239 | £104,739 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 290.067 % | £76,867 | £103,367 |
| 3 Month Average | 297.305 % | £78,785 | £105,285 |
| 6 Month Average | 295.773 % | £78,379 | £104,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £253,901 | £250,000 | 11 GRIMSBY TERRACE |
| 21 Dec 2023 | £294,035 | £285,000 | 6 GRIMSBY TERRACE |
| 21 Dec 2023 | £332,724 | £322,500 | 44 WELLINGTON STREET |
| 12 Dec 2023 | £138,248 | £134,000 | 46 WELLINGTON STREET |
| 10 Nov 2023 | £282,162 | £275,000 | 1 RIDDING TERRACE |
This house has a floor area of 88 sq meters or 951 sq feet when measured on 26 Aug 2011. Using an estimated price of £104,740 means this house is valued at £1,184 per sq meter (£110 per sq foot).
The average size of a house on WATKIN STREET is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Under investigation | On or near Wellington Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Watkin Street |
| Aug 2024 | Anti-social behaviour | On or near Watkin Street | |
| Aug 2024 | Anti-social behaviour | On or near Watkin Street | |
| Aug 2024 | Anti-social behaviour | On or near Watkin Street |