£114,763
This estimated value is based upon the latest sale price for the house of £113,000 on 25 Mar 2024. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £113,000 | 25 Mar 2024 |
| £98,950 | 29 Oct 2010 |
| £72,500 | 14 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 March 2024 the House Price Index for CITY OF NOTTINGHAM was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £113,000 results in an estimated price of approximately £114,763.
| 25 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £113,000 | £1,763 | £114,763 |
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 | 25.549 % | £28,870 | £141,870 |
| 3 Month Average | 23.325 % | £26,357 | £139,357 |
| 6 Month Average | 11.828 % | £13,365 | £126,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £140,568 | £137,000 | 34 EWART ROAD |
| 18 Oct 2023 | £163,718 | £160,000 | 81 RUSSELL ROAD |
| 15 Sep 2023 | £127,818 | £125,000 | 46 EWART ROAD |
| 22 Aug 2022 | £121,568 | £121,000 | 96 RUSSELL ROAD |
| 17 Jun 2022 | £122,621 | £120,000 | 122 RUSSELL ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 Aug 2021.
The average size of a house on RUSSELL ROAD is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Under investigation | On or near Russell Road |