£496,350
This estimated value is based upon the latest sale price for the house of £285,000 on 31 Oct 2011. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £285,000 | 31 Oct 2011 |
| £202,500 | 20 Aug 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 114 sq meters or 1,233 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 October 2011 the House Price Index for CITY OF NOTTINGHAM was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £285,000 results in an estimated price of approximately £496,350.
| 31 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £285,000 | £211,350 | £496,350 |
The Postcode Pricing Model uses changes in average sales price within the NG1 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 | -53.466 % | £-152,378 | £132,621 |
| 3 Month Average | 53.759 % | £153,213 | £438,213 |
| 6 Month Average | 66.291 % | £188,929 | £473,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £670,000 | £670,000 | CAWLEY HOUSE, 96 CLIFF ROAD |
| 30 Apr 2024 | £292,540 | £290,000 | APARTMENT 515 NOTTINGHAM ONE ENTRANCE C CANAL STREET |
| 31 Oct 2023 | £1,739,508 | £1,700,000 | 39 STONEY STREET |
| 31 Oct 2023 | £3,274,368 | £3,200,000 | BROADWAY BUSINESS CENTRE, 32A STONEY STREET |
| 30 Jun 2023 | £234,703 | £230,000 | APARTMENT 5 KINGS COURT COMMERCE SQUARE |
This house has a floor area of 114 sq meters or 1,233 sq feet when measured on 26 Sep 2011. Using an estimated price of £496,350 means this house is valued at £4,333 per sq meter (£402 per sq foot).
The average size of a house on COMMERCE SQUARE is 108 sq meters (1,164 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Commerce Square |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Commerce Square |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cliff Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shortwood Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shortwood Close |