£234,640
This estimated value is based upon the latest sale price for the house of £127,800 on 6 Oct 2005. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£127,800 | 6 Oct 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 October 2005 the House Price Index for CITY OF NOTTINGHAM was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £127,800 results in an estimated price of approximately £234,640.
6 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.599 % | £127,800 | £106,840 | £234,640 |
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 | -43.583 % | £-55,698 | £72,101 |
3 Month Average | 60.488 % | £77,303 | £205,103 |
6 Month Average | 64.630 % | £82,597 | £210,397 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £112,865 | £110,000 | FLAT 53 THE HABITAT WOOLPACK LANE |
17 Nov 2023 | £112,865 | £110,000 | FLAT 42 THE HABITAT WOOLPACK LANE |
17 Nov 2023 | £117,995 | £115,000 | FLAT 27 THE HABITAT WOOLPACK LANE |
29 Jun 2023 | £127,556 | £125,000 | APARTMENT 6 HOCKLEY HOUSE, 23 WOOLPACK LANE |
13 Apr 2023 | £104,963 | £103,000 | FLAT 4 THE MILL, 27 WOOLPACK LANE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 10 Dec 2015. Using an estimated price of £234,640 means this house is valued at £5,456 per sq meter (£506 per sq foot).
The average size of a house on BELWARD STREET is 55 sq meters (600 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Possession of weapons | Under investigation | On or near Goose Gate |
Jul 2024 | Shoplifting | Under investigation | On or near Goose Gate |
Jul 2024 | Anti-social behaviour | On or near Goose Gate | |
Jul 2024 | Anti-social behaviour | On or near Goose Gate | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goose Gate |