£108,064
This estimated value is based upon the latest sale price for the house of £85,000 on 31 Oct 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £85,000 | 31 Oct 2017 |
| £72,000 | 13 Aug 2015 |
| £82,500 | 20 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2017 the House Price Index for CITY OF NOTTINGHAM was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £85,000 results in an estimated price of approximately £108,064.
| 31 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £85,000 | £23,064 | £108,064 |
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 | -13.754 % | £-11,691 | £73,308 |
| 3 Month Average | 22.746 % | £19,334 | £104,334 |
| 6 Month Average | 40.604 % | £34,513 | £119,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £87,130 | £85,500 | APARTMENT 68 PARK WEST DERBY ROAD |
| 21 Dec 2021 | £145,707 | £135,000 | APARTMENT 9 PARK WEST DERBY ROAD |
| 29 Apr 2021 | £96,691 | £85,000 | APARTMENT 66 PARK WEST DERBY ROAD |
| 21 Aug 2020 | £144,953 | £120,000 | APARTMENT 17 PARK WEST DERBY ROAD |
| 30 Jun 2020 | £170,797 | £140,000 | APARTMENT 18 PARK WEST DERBY ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 24 Aug 2020. Using an estimated price of £108,064 means this house is valued at £2,205 per sq meter (£204 per sq foot).
The average size of a house on DERBY ROAD is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Hermon Street | |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hermon Street |
| Sep 2024 | Anti-social behaviour | On or near Hermon Street | |
| Aug 2024 | Anti-social behaviour | On or near Hermon Street | |
| Aug 2024 | Anti-social behaviour | On or near Hermon Street |