£276,464
This estimated value is based upon the latest sale price for the house of £163,995 on 24 May 2013. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £163,995 | 24 May 2013 |
| Terraced |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 May 2013 the House Price Index for CITY OF NOTTINGHAM was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £163,995 results in an estimated price of approximately £276,464.
| 24 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £163,995 | £112,469 | £276,464 |
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 | 70.984 % | £116,410 | £280,405 |
| 3 Month Average | 103.459 % | £169,668 | £333,663 |
| 6 Month Average | 79.996 % | £131,189 | £295,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £167,802 | £165,000 | 16 THE GALLERY HOPE DRIVE |
| 7 Mar 2023 | £205,431 | £202,000 | 12 THE GALLERY HOPE DRIVE |
| 14 Feb 2023 | £196,311 | £195,000 | 30 PARK WHARF |
| 25 Jan 2023 | £307,321 | £306,500 | 4 WOODSEND WHARF |
| 4 Aug 2022 | £196,921 | £196,000 | 10 THE GALLERY HOPE DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Mar 2013. Using an estimated price of £276,464 means this house is valued at £3,544 per sq meter (£329 per sq foot).
The average size of a house on WOODSEND WHARF is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Palatine Street |
| May 2024 | Vehicle crime | Awaiting court outcome | On or near Palatine Street |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Palatine Street |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hope Drive |
| May 2024 | Anti-social behaviour | On or near Hope Drive |