£119,528
This estimated value is based upon the latest sale price for the house of £118,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Victoria Road
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| Price Paid | Date |
|---|---|
| £118,000 | 15 Sep 2023 |
| £69,000 | 14 Aug 2017 |
| £63,500 | 20 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 September 2023 the House Price Index for NOTTINGHAMSHIRE was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £118,000 results in an estimated price of approximately £119,528.
| 15 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £118,000 | £1,528 | £119,528 |
The Postcode Pricing Model uses changes in average sales price within the S80 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 | 43.682 % | £51,544 | £169,544 |
| 3 Month Average | 2.229 % | £2,630 | £120,630 |
| 6 Month Average | 0.359 % | £423 | £118,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £100,488 | £99,000 | 58 POTTER STREET |
| 15 Sep 2023 | £119,528 | £118,000 | 48 VICTORIA ROAD |
| 2 Jun 2023 | £178,664 | £176,500 | 38 POTTER STREET |
| 21 Apr 2023 | £111,703 | £110,500 | 101 WATSON ROAD |
| 6 Mar 2023 | £90,351 | £89,500 | 70 POTTER STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 20 Oct 2012. Using an estimated price of £119,528 means this house is valued at £1,138 per sq meter (£105 per sq foot).
The average size of a house on VICTORIA ROAD is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Road |