£248,926
This estimated value is based upon the latest sale price for the house of £200,000 on 10 Jun 2019. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £200,000 | 10 Jun 2019 |
| £95,000 | 1 Mar 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,021 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 2019 the House Price Index for CITY OF NOTTINGHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £200,000 results in an estimated price of approximately £248,926.
| 10 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £200,000 | £48,926 | £248,926 |
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 | 19.651 % | £39,301 | £239,301 |
| 3 Month Average | 34.565 % | £69,129 | £269,129 |
| 6 Month Average | 29.340 % | £58,680 | £258,680 |
| 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 94 sq meters or 1,021 sq feet when measured on 2 Mar 2009. Using an estimated price of £248,927 means this house is valued at £2,623 per sq meter (£243 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 |