£248,899
This estimated value is based upon the latest sale price for the house of £70,000 on 19 Feb 2001. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £70,000 | 19 Feb 2001 |
| £73,950 | 29 Nov 1996 |
| 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 February 2001 the House Price Index for CITY OF NOTTINGHAM was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £70,000 results in an estimated price of approximately £248,899.
| 19 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £70,000 | £178,899 | £248,899 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 309.800 % | £216,860 | £286,860 |
| 3 Month Average | 263.379 % | £184,365 | £254,365 |
| 6 Month Average | 262.491 % | £183,743 | £253,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £123,804 | £120,000 | FLAT 46 VALLEY COURT RIBBLESDALE ROAD |
| 1 Aug 2023 | £162,939 | £160,000 | FLAT 8 VALLEY COURT RIBBLESDALE ROAD |
| 17 Feb 2023 | £80,538 | £80,000 | FLAT 27 VALLEY COURT RIBBLESDALE ROAD |
| 27 Jan 2023 | £60,161 | £60,000 | FLAT 18 VALLEY COURT RIBBLESDALE ROAD |
| 27 Jan 2023 | £107,788 | £107,500 | FLAT 22 VALLEY COURT RIBBLESDALE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near A6211 | |
| Jul 2024 | Other theft | Under investigation | On or near A6211 |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near A6211 |
| May 2024 | Anti-social behaviour | On or near A6211 | |
| May 2024 | Anti-social behaviour | On or near A6211 |