£138,333
This estimated value is based upon the latest sale price for the house of £124,000 on 18 May 2021. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £124,000 | 18 May 2021 |
| £100,000 | 24 Oct 2017 |
| £78,000 | 22 Sep 2006 |
| £33,000 | 27 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2021 the House Price Index for CITY OF NOTTINGHAM was 131.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 11.559%.Applying this 11.559% change to the original purchase price of £124,000 results in an estimated price of approximately £138,333.
| 18 May 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 146.7 | 11.559 % | £124,000 | £14,333 | £138,333 |
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 | -25.356 % | £-31,441 | £92,558 |
| 3 Month Average | -18.442 % | £-22,868 | £101,131 |
| 6 Month Average | -11.265 % | £-13,968 | £110,031 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Mar 2017.
The average size of a house on VERBENA CLOSE is 116 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Manning Street | |
| Feb 2024 | Anti-social behaviour | On or near Manning Street | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Close |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Fountain Dale Court |