£124,143
This estimated value is based upon the latest sale price for the house of £100,000 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£100,000 | 26 Oct 2018 |
£55,000 | 4 Sep 2002 |
£43,950 | 15 Oct 2001 |
Terraced |
Freehold |
Floor Area: 48 sq meters or 516 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 2018 the House Price Index for CITY OF NOTTINGHAM was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £100,000 results in an estimated price of approximately £124,143.
26 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £100,000 | £24,143 | £124,143 |
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 | 11.580 % | £11,579 | £111,579 |
3 Month Average | 30.388 % | £30,387 | £130,387 |
6 Month Average | 46.281 % | £46,280 | £146,280 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £299,194 | £290,000 | UNIT D GADD STREET |
25 Oct 2023 | £92,092 | £90,000 | 15 SOUTHEY STREET |
5 Oct 2023 | £135,068 | £132,000 | 8 ELMORE COURT |
31 Mar 2023 | £132,208 | £130,000 | 71 WATERLOO PROMENADE |
7 Mar 2023 | £411,878 | £405,000 | FLAT 1 5 HARDY STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 20 Jun 2018. Using an estimated price of £124,143 means this house is valued at £2,586 per sq meter (£240 per sq foot).
The average size of a house on SOUTHEY STREET is 82 sq meters (886 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Elmore Court |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmore Court |
Sep 2024 | Robbery | Under investigation | On or near Elmore Court |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elmore Court |
Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Elmore Court |