£140,902
This estimated value is based upon the latest sale price for the house of £25,000 on 10 Mar 1995. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £25,000 | 10 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 1995 the House Price Index for NOTTINGHAMSHIRE was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.609%.Applying this 463.609% change to the original purchase price of £25,000 results in an estimated price of approximately £140,902.
| 10 Mar 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 463.609 % | £25,000 | £115,902 | £140,902 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 332.341 % | £83,085 | £108,085 |
| 3 Month Average | 436.138 % | £109,034 | £134,034 |
| 6 Month Average | 410.151 % | £102,537 | £127,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £253,901 | £250,000 | 11 GRIMSBY TERRACE |
| 21 Dec 2023 | £332,724 | £322,500 | 44 WELLINGTON STREET |
| 21 Dec 2023 | £294,035 | £285,000 | 6 GRIMSBY TERRACE |
| 12 Dec 2023 | £138,248 | £134,000 | 46 WELLINGTON STREET |
| 10 Nov 2023 | £282,162 | £275,000 | 1 RIDDING TERRACE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 8 Aug 2018. Using an estimated price of £140,902 means this house is valued at £1,583 per sq meter (£147 per sq foot).
The average size of a house on WELLINGTON STREET is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Wellington Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watkin Street |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Palmerston Gardens |
| Apr 2024 | Robbery | Unable to prosecute suspect | On or near Palmerston Gardens |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cairns Street |