£256,511
This estimated value is based upon the latest sale price for the house of £250,000 on 6 Nov 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 |
|---|---|
| £250,000 | 6 Nov 2023 |
| £52,000 | 3 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 852 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 November 2023 the House Price Index for CITY OF NOTTINGHAM was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £250,000 results in an estimated price of approximately £256,511.
| 6 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £250,000 | £6,511 | £256,511 |
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 | 34.299 % | £85,748 | £335,748 |
| 3 Month Average | 14.184 % | £35,459 | £285,459 |
| 6 Month Average | 22.543 % | £56,357 | £306,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £134,060 | £132,000 | 17 EDNASTON ROAD |
| 6 Nov 2023 | £256,511 | £250,000 | 79 CITY ROAD |
| 9 Sep 2022 | £189,873 | £190,000 | 68 BEESTON ROAD |
| 22 Jul 2022 | £452,534 | £448,000 | 117 BEESTON ROAD |
| 14 Dec 2020 | £242,804 | £210,000 | 54 BEESTON ROAD |
This house has a floor area of 79 sq meters or 852 sq feet when measured on 24 Feb 2010. Using an estimated price of £256,511 means this house is valued at £3,237 per sq meter (£300 per sq foot).
The average size of a house on CITY ROAD is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near City Road |
| Jul 2024 | Public order | Local resolution | On or near Beeston Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beeston Road |