£491,155
This estimated value is based upon the latest sale price for the house of £480,000 on 24 Oct 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £480,000 | 24 Oct 2023 |
| £270,000 | 21 Feb 2013 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 October 2023 the House Price Index for CITY OF NOTTINGHAM was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £480,000 results in an estimated price of approximately £491,155.
| 24 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £480,000 | £11,155 | £491,155 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | 72.528 % | £348,133 | £828,133 |
| 3 Month Average | 4.976 % | £23,885 | £503,885 |
| 6 Month Average | 1.140 % | £5,471 | £485,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £536,485 | £520,000 | 554 WOLLATON ROAD |
| 24 Oct 2023 | £491,155 | £480,000 | 614 WOLLATON ROAD |
| 20 Oct 2023 | £356,087 | £348,000 | 22 RUSSELL DRIVE |
| 10 Dec 2021 | £205,069 | £190,000 | 25 RUSSELL DRIVE |
| 17 Nov 2021 | £369,347 | £339,000 | 75 RUSSELL DRIVE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 10 May 2012. Using an estimated price of £491,155 means this house is valued at £3,611 per sq meter (£335 per sq foot).
The average size of a house on WOLLATON ROAD is 127 sq meters (1,370 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Tranby Gardens |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Liddell Grove |
| Jul 2024 | Public order | Under investigation | On or near Liddell Grove |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Liddell Grove |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rudge Close |