£131,852
This estimated value is based upon the latest sale price for the house of £107,000 on 15 Nov 2018. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £107,000 | 15 Nov 2018 |
| £83,000 | 29 Oct 2010 |
| £108,500 | 18 Aug 2004 |
| 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 November 2018 the House Price Index for CITY OF NOTTINGHAM was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £107,000 results in an estimated price of approximately £131,852.
| 15 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £107,000 | £24,852 | £131,852 |
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 | -5.728 % | £-6,129 | £100,870 |
| 3 Month Average | 12.546 % | £13,424 | £120,424 |
| 6 Month Average | 26.005 % | £27,825 | £134,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £294,358 | £290,000 | APARTMENT 1 4 NEWCASTLE DRIVE |
| 27 Apr 2023 | £86,431 | £85,500 | APARTMENT 68 PARK WEST DERBY ROAD |
| 8 Jul 2022 | £601,619 | £600,000 | 117 DERBY ROAD |
| 29 Apr 2021 | £95,980 | £85,000 | APARTMENT 66 PARK WEST DERBY ROAD |
| 6 Nov 2020 | £168,106 | £145,000 | FLAT 1 221 DERBY ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 13 Jun 2018. Using an estimated price of £131,852 means this house is valued at £3,296 per sq meter (£306 per sq foot).
The average size of a house on DERBY ROAD is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Elliott Street |
| Mar 2024 | Anti-social behaviour | On or near Hermon Street | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hermon Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hermon Street |
| Mar 2024 | Anti-social behaviour | On or near Hermon Street |