£73,834
This estimated value is based upon the latest sale price for the house of £67,000 on 22 Oct 2021. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £67,000 | 22 Oct 2021 |
| £63,000 | 13 Apr 2012 |
| £105,000 | 15 May 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 2021 the House Price Index for CITY OF NOTTINGHAM was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £67,000 results in an estimated price of approximately £73,834.
| 22 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £67,000 | £6,834 | £73,834 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 36.030 % | £24,140 | £91,140 |
| 3 Month Average | -0.282 % | £-189 | £66,810 |
| 6 Month Average | 9.090 % | £6,090 | £73,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £128,434 | £128,000 | APARTMENT 1 THE NEW ALEXANDRA COURT WOODBOROUGH ROAD |
| 18 Jul 2023 | £93,888 | £93,000 | APARTMENT 75 THE NEW ALEXANDRA COURT WOODBOROUGH ROAD |
| 2 Mar 2022 | £67,085 | £65,000 | APARTMENT 34 THE NEW ALEXANDRA COURT WOODBOROUGH ROAD |
| 25 Feb 2022 | £626,676 | £600,000 | 46 MAGDALA ROAD |
| 8 Nov 2021 | £266,271 | £247,200 | FLAT 2 SPRINGFIELD HOUSE THE CRESCENT |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 20 Feb 2020. Using an estimated price of £73,835 means this house is valued at £2,050 per sq meter (£190 per sq foot).
The average size of a house on WOODBOROUGH ROAD is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Crescent | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Crescent |
| Feb 2024 | Anti-social behaviour | On or near The Crescent | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |
| Feb 2024 | Anti-social behaviour | On or near The Crescent |