£206,332
This estimated value is based upon the latest sale price for the house of £167,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£167,000 | 8 Nov 2019 |
£162,950 | 28 Dec 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 2019 the House Price Index for CITY OF NOTTINGHAM was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £167,000 results in an estimated price of approximately £206,332.
8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £167,000 | £39,332 | £206,332 |
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 | -34.973 % | £-58,405 | £108,594 |
3 Month Average | -25.434 % | £-42,475 | £124,524 |
6 Month Average | 3.412 % | £5,697 | £172,697 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Oct 2023 | £153,486 | £150,000 | FLAT 7 THE POINT, 6 BELLAR GATE |
23 Aug 2023 | £196,545 | £193,000 | APARTMENT 1 LEXINGTON PLACE, 7 PLUMPTRE STREET |
13 Jun 2023 | £270,419 | £265,000 | FLAT 36 THE POINT, 14 PLUMPTRE STREET |
9 Feb 2023 | £181,210 | £180,000 | APARTMENT 8 LEXINGTON PLACE, 7 PLUMPTRE STREET |
9 Jan 2023 | £214,072 | £213,500 | FLAT 33 THE POINT, 14 PLUMPTRE STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 17 Feb 2015. Using an estimated price of £206,333 means this house is valued at £3,126 per sq meter (£290 per sq foot).
The average size of a house on BELLAR GATE is 76 sq meters (824 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Hollow Stone | |
Sep 2024 | Anti-social behaviour | On or near Hollow Stone | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Hollow Stone |
Sep 2024 | Anti-social behaviour | On or near Hollow Stone | |
Aug 2024 | Anti-social behaviour | On or near Hollow Stone |