£158,493
This estimated value is based upon the latest sale price for the house of £155,000 on 14 Sep 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 |
---|---|
£155,000 | 14 Sep 2023 |
£91,000 | 11 May 2007 |
£84,950 | 24 Jun 2002 |
£48,000 | 2 Sep 1998 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 September 2023 the House Price Index for CITY OF NOTTINGHAM was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £155,000 results in an estimated price of approximately £158,493.
14 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £155,000 | £3,493 | £158,493 |
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 | 23.011 % | £35,667 | £190,667 |
3 Month Average | 14.166 % | £21,957 | £176,957 |
6 Month Average | 11.559 % | £17,916 | £172,916 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £83,727 | £83,000 | 26 FALCON GROVE |
8 Dec 2023 | £149,597 | £145,000 | 1B SANDON STREET |
2 Oct 2023 | £271,159 | £265,000 | 16 CENTRAL AVENUE |
28 Sep 2023 | £122,705 | £120,000 | 1 SANDON STREET |
18 Sep 2023 | £127,818 | £125,000 | 11 FALCON GROVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 10 Aug 2018. Using an estimated price of £158,494 means this house is valued at £1,617 per sq meter (£150 per sq foot).
The average size of a house on NOTTINGHAM ROAD is 105 sq meters (1,132 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Falcon Grove |
Aug 2024 | Anti-social behaviour | On or near Falcon Grove | |
Aug 2024 | Anti-social behaviour | On or near Falcon Grove | |
Jul 2024 | Anti-social behaviour | On or near Falcon Grove | |
Jul 2024 | Anti-social behaviour | On or near Falcon Grove |