£162,235
This estimated value is based upon the latest sale price for the house of £165,000 on 13 Jan 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There has been one burglary within the last year on or near Abbey Grove
More crime details
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Price Paid | Date |
---|---|
£165,000 | 13 Jan 2023 |
£56,000 | 23 Mar 2001 |
Terraced |
Freehold |
Floor Area: 148 sq meters or 1,593 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 January 2023 the House Price Index for CITY OF NOTTINGHAM was 149.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.676%.Applying this -1.676% change to the original purchase price of £165,000 results in an estimated price of approximately £162,235.
13 Jan 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.2 | 146.7 | -1.676 % | £165,000 | £-2,764 | £162,235 |
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 | -20.324 % | £-33,534 | £131,465 |
3 Month Average | -12.171 % | £-20,082 | £144,917 |
6 Month Average | -5.689 % | £-9,387 | £155,612 |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 29 May 2018.
The average size of a house on THE WELLS ROAD is 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Abbey Grove |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Abbey Grove |
Dec 2023 | Criminal damage and arson | Formal action is not in the public interest | On or near Abbey Grove |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Abbey Grove |
Mar 2024 | Anti-social behaviour | On or near Richmond Avenue |