£264,194
This estimated value is based upon the latest sale price for the house of £200,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£200,000 | 16 Dec 2016 |
£160,000 | 18 Nov 2011 |
£120,000 | 30 Jul 2010 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 964 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 2016 the House Price Index for CITY OF NOTTINGHAM was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £200,000 results in an estimated price of approximately £264,194.
16 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £200,000 | £64,194 | £264,194 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 60.286 % | £120,572 | £320,572 |
3 Month Average | 50.662 % | £101,324 | £301,324 |
6 Month Average | 49.277 % | £98,553 | £298,553 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £302,683 | £295,000 | 8 OSBORNE GROVE |
7 Nov 2023 | £184,688 | £180,000 | 64 CROSSMAN STREET |
1 Aug 2023 | £234,224 | £230,000 | 41 CROSSMAN STREET |
27 Apr 2023 | £183,431 | £180,000 | 60 CROSSMAN STREET |
26 Jul 2022 | £212,126 | £210,000 | 7 CROSSMAN STREET |
This house has a floor area of 89 sq meters or 964 sq feet when measured on 26 Jul 2011. Using an estimated price of £264,195 means this house is valued at £2,948 per sq meter (£273 per sq foot).
The average size of a house on OSBORNE GROVE is 107 sq meters (1,157 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Melrose Avenue | |
Aug 2024 | Anti-social behaviour | On or near Melrose Avenue | |
Aug 2024 | Anti-social behaviour | On or near Melrose Avenue | |
Aug 2024 | Anti-social behaviour | On or near Daybrook Avenue | |
Aug 2024 | Anti-social behaviour | On or near Daybrook Avenue |