£275,224
This estimated value is based upon the latest sale price for the house of £226,000 on 11 Dec 2018. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £226,000 | 11 Dec 2018 |
| £226,000 | 11 May 2018 |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 December 2018 the House Price Index for CITY OF NOTTINGHAM was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £226,000 results in an estimated price of approximately £275,224.
| 11 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.781 % | £226,000 | £49,224 | £275,224 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | -17.152 % | £-38,764 | £187,235 |
| 3 Month Average | 4.813 % | £10,876 | £236,876 |
| 6 Month Average | 22.947 % | £51,860 | £277,860 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 17 Mar 2018.
The average size of a house on PORCHESTER ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Emmanuel Avenue |
| Feb 2024 | Anti-social behaviour | On or near Emmanuel Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Emmanuel Avenue | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Longbeck Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Longbeck Avenue |