£181,821
This estimated value is based upon the latest sale price for the house of £180,000 on 25 Jul 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 |
---|---|
£180,000 | 25 Jul 2022 |
Terraced |
Freehold |
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 July 2022 the House Price Index for CITY OF NOTTINGHAM was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £180,000 results in an estimated price of approximately £181,821.
25 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 149.7 | 1.012 % | £180,000 | £1,821 | £181,821 |
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 | -16.579 % | £-29,841 | £150,158 |
3 Month Average | 4.799 % | £8,637 | £188,637 |
6 Month Average | 21.230 % | £38,213 | £218,213 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £168,835 | £165,000 | FLAT 45 PORTLAND SQUARE PORTLAND ROAD |
3 Oct 2023 | £126,882 | £124,000 | FLAT 32 PORTLAND SQUARE RALEIGH STREET |
16 Jun 2023 | £139,802 | £137,000 | FLAT 23 PORTLAND SQUARE RALEIGH STREET |
12 Apr 2023 | £140,121 | £137,500 | FLAT 24 PORTLAND SQUARE RALEIGH STREET |
31 Mar 2023 | £2,447,880 | £2,407,000 | RALEIGH HOUSE, 68 - 84 ALFRETON ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Awaiting court outcome | On or near Wood Street |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wood Street |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wood Street |
Jul 2024 | Anti-social behaviour | On or near Wood Street | |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wood Street |