£93,330
This estimated value is based upon the latest sale price for the house of £75,000 on 21 Feb 2019. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There has been one burglary within the last year on or near Pelham Road
More crime details
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| Price Paid | Date |
|---|---|
| £75,000 | 21 Feb 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 February 2019 the House Price Index for CITY OF NOTTINGHAM was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £75,000 results in an estimated price of approximately £93,330.
| 21 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £75,000 | £18,330 | £93,330 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 36.795 % | £27,596 | £102,596 |
| 3 Month Average | 36.604 % | £27,453 | £102,453 |
| 6 Month Average | 35.332 % | £26,499 | £101,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £117,200 | £117,200 | FLAT 7 9 PELHAM ROAD |
| 11 Aug 2023 | £103,110 | £101,250 | FLAT 13 51 HAMILTON ROAD |
| 3 Aug 2022 | £100,470 | £100,000 | FLAT 4 51 HAMILTON ROAD |
| 19 Jul 2022 | £1,111,134 | £1,100,000 | 10 HAMILTON ROAD |
| 20 May 2022 | £104,728 | £102,000 | FLAT 3 51 HAMILTON ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 10 Dec 2018. Using an estimated price of £93,331 means this house is valued at £2,333 per sq meter (£216 per sq foot).
The average size of a house on PELHAM ROAD is 51 sq meters (554 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Pelham Road |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Pelham Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Pelham Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pelham Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Vivian Avenue |