£127,791
This estimated value is based upon the latest sale price for the house of £123,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £123,000 | 21 Jan 2022 |
| £62,000 | 2 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £123,000 results in an estimated price of approximately £127,791.
| 21 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £123,000 | £4,791 | £127,791 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 17.924 % | £22,046 | £145,046 |
| 3 Month Average | 11.170 % | £13,738 | £136,738 |
| 6 Month Average | 9.107 % | £11,202 | £134,202 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Aug 2021.
The average size of a house on BESTWOOD ROAD is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bestwood Terrace | |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bestwood Terrace |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bestwood Terrace |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bestwood Terrace |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bestwood Terrace |