£121,584
This estimated value is based upon the latest sale price for the house of £112,650 on 8 Dec 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 |
|---|---|
| £112,650 | 8 Dec 2021 |
| £149,950 | 7 Feb 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 December 2021 the House Price Index for CITY OF NOTTINGHAM was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £112,650 results in an estimated price of approximately £121,584.
| 8 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £112,650 | £8,934 | £121,584 |
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 | 44.734 % | £50,392 | £163,042 |
| 3 Month Average | 42.359 % | £47,717 | £160,367 |
| 6 Month Average | 16.527 % | £18,617 | £131,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £225,730 | £220,000 | 32 RUSSELL ROAD |
| 26 Sep 2023 | £89,472 | £87,500 | APARTMENT 6 THE PAVILION, 3 RUSSELL ROAD |
| 12 Sep 2023 | £139,066 | £136,000 | APARTMENT 22 THE PAVILION, 3 RUSSELL ROAD |
| 23 Jun 2023 | £123,398 | £120,925 | 47 RUSSELL ROAD |
| 23 Jun 2023 | £123,398 | £120,925 | 45 RUSSELL ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 28 Sep 2020. Using an estimated price of £121,584 means this house is valued at £1,712 per sq meter (£159 per sq foot).
The average size of a house on RUSSELL ROAD is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Gregory Boulevard | |
| Sep 2024 | Public order | Under investigation | On or near Gregory Boulevard |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Gregory Boulevard |
| Aug 2024 | Anti-social behaviour | On or near Gregory Boulevard | |
| Aug 2024 | Anti-social behaviour | On or near Gregory Boulevard |