£144,817
This estimated value is based upon the latest sale price for the house of £116,000 on 20 Jul 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£116,000 | 20 Jul 2018 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in July 2018 the House Price Index for NOTTINGHAMSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £116,000 results in an estimated price of approximately £144,817.
20 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £116,000 | £28,817 | £144,817 |
The Postcode Pricing Model uses changes in average sales price within the NG17 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 | 26.738 % | £31,016 | £147,016 |
3 Month Average | 42.216 % | £48,970 | £164,970 |
6 Month Average | 40.739 % | £47,256 | £163,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £152,341 | £150,000 | 39 YOUNG CRESCENT |
14 Apr 2022 | £295,665 | £285,000 | 88A STATION ROAD |
14 Jan 2022 | £171,752 | £162,000 | 2 PEPPER STREET |
1 Dec 2021 | £134,913 | £125,000 | 31 YOUNG CRESCENT |
29 Oct 2021 | £117,040 | £105,000 | 27 YOUNG CRESCENT |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Oct 2017. Using an estimated price of £144,818 means this house is valued at £1,905 per sq meter (£177 per sq foot).
The average size of a house on STATION ROAD is 134 sq meters (1,447 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Young Crescent |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Young Crescent |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Young Crescent |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Young Crescent |
Jul 2024 | Drugs | Local resolution | On or near Pepper Street |