£277,825
This estimated value is based upon the latest sale price for the house of £160,000 on 20 Dec 2011. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £160,000 | 20 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,065 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 December 2011 the House Price Index for CITY OF NOTTINGHAM was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £160,000 results in an estimated price of approximately £277,825.
| 20 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £160,000 | £117,825 | £277,825 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | 52.521 % | £84,033 | £244,033 |
| 3 Month Average | 95.426 % | £152,681 | £312,681 |
| 6 Month Average | 106.906 % | £171,049 | £331,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £275,521 | £270,000 | 26 RUNSWICK DRIVE |
| 18 Apr 2023 | £443,291 | £435,000 | 16 RANELAGH GROVE |
| 1 Jul 2022 | £482,838 | £478,000 | 293 WOLLATON ROAD |
| 4 May 2022 | £554,444 | £540,000 | 254 WOLLATON ROAD |
| 11 Mar 2022 | £396,695 | £380,000 | 11 RANELAGH GROVE |
This house has a floor area of 98 sq meters or 1,065 sq feet when measured on 13 Oct 2011. Using an estimated price of £277,825 means this house is valued at £2,807 per sq meter (£260 per sq foot).
The average size of a house on RANELAGH GROVE is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Ranelagh Grove |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ranelagh Grove |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodhall Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodhall Road |
| Sep 2024 | Anti-social behaviour | On or near Runswick Drive |