£123,908
This estimated value is based upon the latest sale price for the house of £102,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £102,000 | 24 Jan 2020 |
| £105,000 | 29 Nov 2018 |
| £86,000 | 4 Aug 2006 |
| £35,000 | 1 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 January 2020 the House Price Index for NOTTINGHAMSHIRE was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £102,000 results in an estimated price of approximately £123,908.
| 24 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £102,000 | £21,908 | £123,908 |
The Postcode Pricing Model uses changes in average sales price within the NG17 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 | -1.730 % | £-1,764 | £100,235 |
| 3 Month Average | 16.349 % | £16,675 | £118,675 |
| 6 Month Average | 19.475 % | £19,864 | £121,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £104,238 | £102,900 | 14 BOWNE STREET |
| 21 Apr 2023 | £53,397 | £53,000 | 32 OUTRAM STREET |
| 10 Mar 2023 | £55,299 | £55,000 | 60 OUTRAM STREET |
| 30 Jan 2023 | £136,798 | £138,000 | 7 SCARCLIFFE COURT |
| 13 Jan 2023 | £65,425 | £66,000 | 54 OUTRAM STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 Apr 2014. Using an estimated price of £123,909 means this house is valued at £1,877 per sq meter (£174 per sq foot).
The average size of a house on PENN STREET is 65 sq meters (702 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Gresham Close |
| Jan 2024 | Drugs | Offender given a drugs possession warning | On or near Gresham Close |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Penn Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penn Street |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Penn Street |