£119,080
This estimated value is based upon the latest sale price for the house of £70,000 on 11 Oct 2010. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 11 Oct 2010 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in October 2010 the House Price Index for NOTTINGHAMSHIRE was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £70,000 results in an estimated price of approximately £119,080.
| 11 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £70,000 | £49,080 | £119,080 |
The Postcode Pricing Model uses changes in average sales price within the S81 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 | 130.596 % | £91,417 | £161,417 |
| 3 Month Average | 81.213 % | £56,848 | £126,848 |
| 6 Month Average | 62.620 % | £43,833 | £113,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £60,902 | £60,000 | 27 MERCIA CLOSE |
| 10 Feb 2023 | £165,888 | £166,000 | 12 ROCHESTER CLOSE |
| 13 Apr 2022 | £159,619 | £155,000 | 5 LICHFIELD CLOSE |
| 11 Mar 2022 | £160,621 | £155,000 | 45 ROCHESTER CLOSE |
| 19 Jan 2022 | £151,547 | £144,000 | 8 CANTERBURY CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Jul 2015. Using an estimated price of £119,081 means this house is valued at £1,434 per sq meter (£133 per sq foot).
The average size of a house on CUMBRIA ROAD is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercia Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kent Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kent Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kent Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kent Close |