£156,909
This estimated value is based upon the latest sale price for the house of £148,000 on 21 Jan 2022. 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 Corsham Gardens
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| Price Paid | Date |
|---|---|
| £148,000 | 21 Jan 2022 |
| £72,000 | 15 Aug 2008 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 2022 the House Price Index for CITY OF NOTTINGHAM was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £148,000 results in an estimated price of approximately £156,909.
| 21 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £148,000 | £8,909 | £156,909 |
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 | 34.034 % | £50,370 | £198,370 |
| 3 Month Average | 13.113 % | £19,406 | £167,406 |
| 6 Month Average | 5.086 % | £7,527 | £155,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £117,016 | £116,000 | 44 BURGASS ROAD |
| 27 Nov 2023 | £205,209 | £200,000 | 18 CORSHAM GARDENS |
| 22 Sep 2023 | £161,944 | £158,374 | 106 BURGASS ROAD |
| 29 Jun 2023 | £107,147 | £105,000 | 114 BURGASS ROAD |
| 11 Nov 2022 | £149,302 | £150,000 | 34 CORSHAM GARDENS |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 8 Oct 2021. Using an estimated price of £156,909 means this house is valued at £3,268 per sq meter (£303 per sq foot).
The average size of a house on CORSHAM GARDENS is 62 sq meters (674 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Corsham Gardens |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Corsham Gardens |
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Corsham Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Corsham Gardens |
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Corsham Gardens |