£240,492
This estimated value is based upon the latest sale price for the house of £222,500 on 21 Jun 2021. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £222,500 | 21 Jun 2021 |
| £150,000 | 5 Apr 2012 |
| Terraced |
| Leasehold |
| Floor Area: 119 sq meters or 1,280 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 2021 the House Price Index for CITY OF NOTTINGHAM was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £222,500 results in an estimated price of approximately £240,492.
| 21 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £222,500 | £17,992 | £240,492 |
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 | -26.616 % | £-59,220 | £163,279 |
| 3 Month Average | -22.570 % | £-50,217 | £172,282 |
| 6 Month Average | 10.298 % | £22,913 | £245,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £585,242 | £576,250 | 23 ALL SAINTS STREET |
| 17 Nov 2023 | £164,167 | £160,000 | 2 BURNS AVENUE |
| 8 Jun 2023 | £255,112 | £250,000 | 23 BURNS STREET |
| 18 Apr 2023 | £136,554 | £134,000 | FLAT 3 7 ALL SAINTS STREET |
| 22 Jun 2022 | £122,621 | £120,000 | FLAT 3 15 ALL SAINTS STREET |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 28 Aug 2020. Using an estimated price of £240,493 means this house is valued at £2,020 per sq meter (£187 per sq foot).
The average size of a house on BURNS STREET is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Goodwin Street | |
| Jul 2024 | Anti-social behaviour | On or near Goodwin Street | |
| Jul 2024 | Anti-social behaviour | On or near Goodwin Street | |
| Jul 2024 | Anti-social behaviour | On or near Goodwin Street |