£173,122
This estimated value is based upon the latest sale price for the house of £170,000 on 10 Aug 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 |
|---|---|
| £170,000 | 10 Aug 2023 |
| £83,000 | 30 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 August 2023 the House Price Index for CITY OF NOTTINGHAM was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £170,000 results in an estimated price of approximately £173,122.
| 10 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £170,000 | £3,122 | £173,122 |
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 | 24.687 % | £41,968 | £211,968 |
| 3 Month Average | -4.329 % | £-7,359 | £162,640 |
| 6 Month Average | 0.551 % | £936 | £170,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £160,000 | £160,000 | 21 BRITTEN GARDENS |
| 24 Nov 2023 | £64,641 | £63,000 | 31 ELGAR GARDENS |
| 10 Nov 2023 | £137,490 | £134,000 | 18 ELGAR GARDENS |
| 14 Aug 2023 | £122,204 | £120,000 | 28 BRITTEN GARDENS |
| 10 Aug 2023 | £173,122 | £170,000 | 7 ELGAR GARDENS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Jan 2014. Using an estimated price of £173,122 means this house is valued at £1,923 per sq meter (£178 per sq foot).
The average size of a house on ELGAR GARDENS is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Local resolution | On or near Elgar Gardens |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elgar Gardens |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elgar Gardens |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Elgar Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elgar Gardens |