£559,861
This estimated value is based upon the latest sale price for the house of £555,000 on 22 Dec 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £555,000 | 22 Dec 2022 |
| £220,000 | 21 Feb 2006 |
| £99,500 | 19 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 184 sq meters or 1,980 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 December 2022 the House Price Index for CITY OF NOTTINGHAM was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £555,000 results in an estimated price of approximately £559,861.
| 22 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £555,000 | £4,861 | £559,861 |
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 | -11.670 % | £-64,768 | £490,231 |
| 3 Month Average | -15.901 % | £-88,248 | £466,751 |
| 6 Month Average | 4.296 % | £23,843 | £578,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £398,965 | £395,500 | 1 GEDLING GROVE |
| 17 Nov 2023 | £164,167 | £160,000 | 2 BURNS AVENUE |
| 15 Jun 2023 | £538,798 | £528,000 | 91 FOREST ROAD WEST |
| 8 Jun 2023 | £255,112 | £250,000 | 23 BURNS STREET |
| 22 Jul 2022 | £186,872 | £185,000 | FLAT 10 89B FOREST ROAD WEST |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 25 Apr 2019.
The average size of a house on BURNS STREET is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burns Street |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Burns Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burns Street |
| Jul 2024 | Anti-social behaviour | On or near Burns Street | |
| Jul 2024 | Anti-social behaviour | On or near Burns Street |