£216,105
This estimated value is based upon the latest sale price for the house of £108,500 on 23 Jun 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 |
|---|---|
| £108,500 | 23 Jun 2004 |
| £48,950 | 4 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 June 2004 the House Price Index for CITY OF NOTTINGHAM was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £108,500 results in an estimated price of approximately £216,105.
| 23 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £108,500 | £107,605 | £216,105 |
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 | 65.496 % | £71,062 | £179,562 |
| 3 Month Average | 84.991 % | £92,215 | £200,715 |
| 6 Month Average | 87.610 % | £95,056 | £203,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2024 | £200,000 | £200,000 | 6 PARK VIEW |
| 26 Apr 2024 | £166,445 | £165,000 | 45 PARK VIEW |
| 9 Oct 2023 | £301,856 | £295,000 | 4 PENARTH GARDENS |
| 29 Sep 2023 | £127,818 | £125,000 | 49 PARK VIEW |
| 29 Nov 2022 | £199,069 | £200,000 | 20 PARK CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 17 Jul 2018. Using an estimated price of £216,105 means this house is valued at £3,178 per sq meter (£295 per sq foot).
The average size of a house on PARK VIEW is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Park Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Close |
| Oct 2024 | Other crime | Under investigation | On or near Park Close |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Park Close |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Park Close |