£212,022
This estimated value is based upon the latest sale price for the house of £125,000 on 25 May 2010. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£125,000 | 25 May 2010 |
Semi-Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 May 2010 the House Price Index for CITY OF NOTTINGHAM was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £125,000 results in an estimated price of approximately £212,022.
25 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.618 % | £125,000 | £87,022 | £212,022 |
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 | 110.104 % | £137,629 | £262,629 |
3 Month Average | 115.479 % | £144,348 | £269,348 |
6 Month Average | 105.343 % | £131,679 | £256,679 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £131,147 | £130,000 | UNIT 2 178 WOLLATON ROAD |
11 Aug 2023 | £201,765 | £200,000 | 36 RADFORD BRIDGE ROAD |
12 Jul 2023 | £152,046 | £150,000 | 2 BAYARD COURT WOLLATON ROAD |
9 Sep 2022 | £272,797 | £275,000 | 47 RADFORD BRIDGE ROAD |
9 Aug 2022 | £323,828 | £324,700 | 55 RINGWOOD CRESCENT |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 18 Apr 2013. Using an estimated price of £212,023 means this house is valued at £2,078 per sq meter (£193 per sq foot).
The average size of a house on RINGWOOD CRESCENT is 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ringwood Crescent |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ringwood Crescent |