£186,903
This estimated value is based upon the latest sale price for the house of £120,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 23 May 2014 |
| £147,000 | 20 Oct 2006 |
| £26,500 | 16 May 2000 |
| £38,000 | 13 Jan 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 734 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in May 2014 the House Price Index for NOTTINGHAMSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £120,000 results in an estimated price of approximately £186,903.
| 23 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £120,000 | £66,903 | £186,903 |
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 | 68.200 % | £81,840 | £201,840 |
| 3 Month Average | 73.492 % | £88,190 | £208,190 |
| 6 Month Average | 63.791 % | £76,549 | £196,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £310,000 | £310,000 | 20A ATHOLL MEWS MAGDALA ROAD |
| 15 Apr 2024 | £181,501 | £179,925 | FLAT 2 16 MAGDALA ROAD |
| 16 Oct 2023 | £391,389 | £382,500 | 28A MAGDALA ROAD |
| 15 Sep 2023 | £153,376 | £149,995 | APARTMENT 4 14A MAGDALA ROAD |
| 16 Jun 2023 | £153,067 | £150,000 | 4 ELM BANK DRIVE |
This house has a floor area of 68 sq meters or 734 sq feet when measured on 4 Jul 2009. Using an estimated price of £186,904 means this house is valued at £2,740 per sq meter (£254 per sq foot).
The average size of a house on MAGDALA ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Magdala Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redcliffe Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redcliffe Road |
| Sep 2024 | Drugs | Under investigation | On or near Redcliffe Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Place |