£765,724
This estimated value is based upon the latest sale price for the house of £450,000 on 8 Dec 2011. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £450,000 | 8 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 276 sq meters or 2,970 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 2011 the House Price Index for CITY OF NOTTINGHAM was 86.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.161%.Applying this 70.161% change to the original purchase price of £450,000 results in an estimated price of approximately £765,724.
| 8 Dec 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 146.7 | 70.161 % | £450,000 | £315,724 | £765,724 |
The Postcode Pricing Model uses changes in average sales price within the NG7 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 | 59.588 % | £268,147 | £718,147 |
| 3 Month Average | 64.810 % | £291,646 | £741,646 |
| 6 Month Average | 67.129 % | £302,081 | £752,081 |
This house has a floor area of 276 sq meters or 2,970 sq feet when measured on 1 Sep 2016.
The average size of a house on DERBY ROAD is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wemyss Gardens |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Wemyss Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wemyss Gardens |
| Dec 2023 | Drugs | Local resolution | On or near Wemyss Gardens |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wemyss Gardens |