£430,380
This estimated value is based upon the latest sale price for the house of £280,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £280,000 | 27 Jun 2014 |
| £245,000 | 12 May 2009 |
| £114,000 | 24 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,347 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 June 2014 the House Price Index for CITY OF NOTTINGHAM was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £280,000 results in an estimated price of approximately £430,380.
| 27 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £280,000 | £150,380 | £430,380 |
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 | 19.353 % | £54,188 | £334,188 |
| 3 Month Average | 50.468 % | £141,310 | £421,310 |
| 6 Month Average | 57.083 % | £159,832 | £439,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £279,133 | £275,000 | 27 RAVENSMORE ROAD |
| 29 Sep 2023 | £329,209 | £325,000 | 12 RAVENSMORE ROAD |
| 27 Jan 2023 | £328,453 | £330,000 | 26 DEVONSHIRE ROAD |
| 11 Mar 2022 | £193,781 | £187,000 | 7 CHESHAM DRIVE |
| 10 Dec 2021 | £377,125 | £352,000 | 11 RAVENSMORE ROAD |
This house has a floor area of 125 sq meters or 1,347 sq feet when measured on 1 Oct 2008. Using an estimated price of £430,381 means this house is valued at £3,437 per sq meter (£319 per sq foot).
The average size of a house on DEVONSHIRE ROAD is 131 sq meters (1,413 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Devonshire Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aubrey Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aubrey Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watcombe Circus |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Ravensmore Road |