£108,226
This estimated value is based upon the latest sale price for the house of £70,000 on 6 May 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 6 May 2014 |
| £44,950 | 12 Apr 2002 |
| £36,000 | 6 Dec 2001 |
| £31,500 | 11 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 762 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in May 2014 the House Price Index for NOTTINGHAMSHIRE was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £70,000 results in an estimated price of approximately £108,226.
| 6 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £70,000 | £38,226 | £108,226 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 67.974 % | £47,581 | £117,581 |
| 3 Month Average | 112.502 % | £78,751 | £148,751 |
| 6 Month Average | 85.160 % | £59,611 | £129,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £105,852 | £104,000 | FLAT 20 THE WEDGE NOTTINGHAM ROAD |
| 23 Nov 2023 | £93,890 | £92,500 | FLAT 11 THE WEDGE VERNON ROAD |
| 23 Jun 2023 | £107,300 | £106,000 | FLAT 1 THE WEDGE VERNON ROAD |
| 2 Feb 2023 | £127,914 | £128,000 | 3 VERNON ROAD |
| 28 Oct 2022 | £98,935 | £100,000 | FLAT 7 THE WEDGE VERNON ROAD |
This house has a floor area of 70 sq meters or 762 sq feet when measured on 27 Nov 2009. Using an estimated price of £108,226 means this house is valued at £1,528 per sq meter (£142 per sq foot).
The average size of a house on NOTTINGHAM ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Jasmine Road |
| Mar 2024 | Anti-social behaviour | On or near Fox Grove | |
| Mar 2024 | Anti-social behaviour | On or near Fox Grove | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fox Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fox Grove |