£566,419
This estimated value is based upon the latest sale price for the house of £450,000 on 14 Feb 2018. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £450,000 | 14 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2018 the House Price Index for CITY OF NOTTINGHAM was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £450,000 results in an estimated price of approximately £566,419.
| 14 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £450,000 | £116,419 | £566,419 |
The Postcode Pricing Model uses changes in average sales price within the NG1 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 | -37.212 % | £-167,455 | £282,544 |
| 3 Month Average | 7.156 % | £32,200 | £482,200 |
| 6 Month Average | 16.914 % | £76,115 | £526,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £398,965 | £395,500 | 1 GEDLING GROVE |
| 19 Mar 2024 | £585,242 | £576,250 | 23 ALL SAINTS STREET |
| 9 Oct 2023 | £281,391 | £275,000 | 6 FOREST ROAD EAST |
| 9 Nov 2022 | £268,743 | £270,000 | 18 FOREST ROAD EAST |
| 22 Jul 2022 | £183,842 | £182,000 | FLAT 6 89A FOREST ROAD WEST |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 7 Jul 2015. Using an estimated price of £566,419 means this house is valued at £4,227 per sq meter (£392 per sq foot).
The average size of a house on FOREST ROAD EAST is 124 sq meters (1,336 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Road |
| Jun 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Balmoral Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Road |