£145,615
This estimated value is based upon the latest sale price for the house of £32,000 on 5 Feb 1999. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £32,000 | 5 Feb 1999 |
| £35,500 | 31 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 February 1999 the House Price Index for CITY OF NOTTINGHAM was 32.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 355.049%.Applying this 355.049% change to the original purchase price of £32,000 results in an estimated price of approximately £145,615.
| 5 Feb 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 149.7 | 355.049 % | £32,000 | £113,615 | £145,615 |
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 | 333.228 % | £106,632 | £138,632 |
| 3 Month Average | 367.393 % | £117,565 | £149,565 |
| 6 Month Average | 362.407 % | £115,970 | £147,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £225,730 | £220,000 | 32 RUSSELL ROAD |
| 2 Oct 2023 | £273,205 | £267,000 | 64 AUSTEN AVENUE |
| 26 Sep 2023 | £89,472 | £87,500 | APARTMENT 6 THE PAVILION, 3 RUSSELL ROAD |
| 12 Sep 2023 | £139,066 | £136,000 | APARTMENT 22 THE PAVILION, 3 RUSSELL ROAD |
| 23 Jun 2023 | £123,398 | £120,925 | 49 RUSSELL ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Feb 2016. Using an estimated price of £145,616 means this house is valued at £1,673 per sq meter (£155 per sq foot).
The average size of a house on RUSSELL ROAD is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Gregory Boulevard | |
| Sep 2024 | Public order | Under investigation | On or near Gregory Boulevard |
| Aug 2024 | Anti-social behaviour | On or near Gregory Boulevard | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Gregory Boulevard |
| Aug 2024 | Anti-social behaviour | On or near Gregory Boulevard |