£181,762
This estimated value is based upon the latest sale price for the house of £115,000 on 22 Aug 2007. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £115,000 | 22 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 August 2007 the House Price Index for CITY OF NOTTINGHAM was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £115,000 results in an estimated price of approximately £181,762.
| 22 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £115,000 | £66,762 | £181,762 |
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 | 38.000 % | £43,700 | £158,700 |
| 3 Month Average | 47.810 % | £54,981 | £169,981 |
| 6 Month Average | 70.406 % | £80,966 | £195,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £72,219 | £70,000 | 21 PATTERSON ROAD |
| 4 Apr 2023 | £152,859 | £150,000 | 5 SOPHIE ROAD |
| 31 Mar 2023 | £162,717 | £160,000 | 1A - 1B SOPHIE ROAD |
| 23 Mar 2023 | £305,095 | £300,000 | UNIT 1 HUBERT COURT HUBERT STREET |
| 20 Mar 2023 | £122,038 | £120,000 | FLAT 15 THE YARD SOPHIE ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 15 Aug 2019. Using an estimated price of £181,763 means this house is valued at £4,130 per sq meter (£383 per sq foot).
The average size of a house on SOPHIE ROAD is 65 sq meters (700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sophie Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Sep 2024 | Drugs | Local resolution | On or near Supermarket |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |