£126,966
This estimated value is based upon the latest sale price for the house of £105,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £105,000 | 31 Jul 2020 |
| £52,500 | 21 Oct 2011 |
| £52,500 | 16 Nov 2010 |
| £26,000 | 31 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 July 2020 the House Price Index for CITY OF NOTTINGHAM was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £105,000 results in an estimated price of approximately £126,966.
| 31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £105,000 | £21,966 | £126,966 |
The Postcode Pricing Model uses changes in average sales price within the NG7 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 | -27.125 % | £-28,480 | £76,519 |
| 3 Month Average | -5.835 % | £-6,127 | £98,872 |
| 6 Month Average | 18.493 % | £19,417 | £124,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £111,653 | £110,000 | 83 ZULU ROAD |
| 27 Sep 2023 | £131,684 | £130,000 | 49 ISANDULA ROAD |
| 8 Sep 2023 | £121,554 | £120,000 | 75 ISANDULA ROAD |
| 30 Aug 2023 | £144,262 | £143,000 | 47 ISANDULA ROAD |
| 10 Jul 2023 | £126,705 | £125,000 | 39 DURNFORD STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 6 Jul 2020. Using an estimated price of £126,966 means this house is valued at £2,489 per sq meter (£231 per sq foot).
The average size of a house on CHELMSFORD ROAD is 77 sq meters (837 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Durnford Street | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Durnford Street |
| Mar 2024 | Anti-social behaviour | On or near Durnford Street | |
| Mar 2024 | Anti-social behaviour | On or near Durnford Street | |
| Mar 2024 | Anti-social behaviour | On or near Durnford Street |