£514,754
This estimated value is based upon the latest sale price for the house of £84,000 on 19 Jun 2024. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £84,000 | 19 Jun 2024 |
| Flats/Maisonettes |
| Leasehold |
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 June 2024 the House Price Index for CITY OF NOTTINGHAM was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £84,000 results in an estimated price of approximately £514,754.
| 19 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £84,000 | £430,754 | £514,754 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 77.565 % | £65,154 | £149,154 |
| 3 Month Average | -3.990 % | £-3,351 | £80,648 |
| 6 Month Average | -5.925 % | £-4,977 | £79,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £84,000 | £84,000 | FLAT 3 THE WEDGE VERNON ROAD |
| 16 May 2024 | £90,000 | £90,000 | 477 NOTTINGHAM ROAD |
| 8 Dec 2023 | £107,297 | £104,000 | FLAT 20 THE WEDGE NOTTINGHAM ROAD |
| 23 Jun 2023 | £108,168 | £106,000 | FLAT 1 THE WEDGE VERNON ROAD |
| 2 Feb 2023 | £128,861 | £128,000 | 3 VERNON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Jasmine Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Fox Grove |
| Sep 2024 | Bicycle theft | Under investigation | On or near Fox Grove |
| Aug 2024 | Anti-social behaviour | On or near Fox Grove | |
| Aug 2024 | Anti-social behaviour | On or near Fox Grove |