£133,021
This estimated value is based upon the latest sale price for the house of £130,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £130,000 | 20 Oct 2023 |
| £87,500 | 20 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 715 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 October 2023 the House Price Index for CITY OF NOTTINGHAM was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £130,000 results in an estimated price of approximately £133,021.
| 20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £130,000 | £3,021 | £133,021 |
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 | -35.585 % | £-46,259 | £83,740 |
| 3 Month Average | 4.944 % | £6,427 | £136,427 |
| 6 Month Average | -1.830 % | £-2,378 | £127,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £187,766 | £183,000 | 16 HUNGERHILL ROAD |
| 20 Oct 2023 | £133,021 | £130,000 | FLAT 1 329 WOODBOROUGH ROAD |
| 24 Mar 2023 | £355,944 | £350,000 | 6 GORSEY ROAD |
| 28 Jul 2022 | £171,721 | £170,000 | FLAT 1 325 WOODBOROUGH ROAD |
| 26 May 2022 | £138,611 | £135,000 | 17 HUNGERHILL ROAD |
This house has a floor area of 66 sq meters or 715 sq feet when measured on 13 May 2011. Using an estimated price of £133,021 means this house is valued at £2,000 per sq meter (£185 per sq foot).
The average size of a house on WOODBOROUGH ROAD is 79 sq meters (856 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fowler Street |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fowler Street |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fowler Street |
| May 2024 | Public order | Under investigation | On or near Fowler Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fowler Street |