£161,851
This estimated value is based upon the latest sale price for the house of £109,500 on 28 Nov 2014. 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 Pelham Street
More crime details
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Price Paid | Date |
---|---|
£109,500 | 28 Nov 2014 |
£55,000 | 7 Mar 2003 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 November 2014 the House Price Index for NOTTINGHAMSHIRE was 99.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.810%.Applying this 47.810% change to the original purchase price of £109,500 results in an estimated price of approximately £161,851.
28 Nov 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 146.7 | 47.810 % | £109,500 | £52,351 | £161,851 |
The Postcode Pricing Model uses changes in average sales price within the NG24 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 | 27.908 % | £30,558 | £140,058 |
3 Month Average | 36.676 % | £40,159 | £149,659 |
6 Month Average | 49.052 % | £53,711 | £163,211 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 14 Jul 2014.
The average size of a house on VICTORIA TERRACE is 93 sq meters (1,001 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Pelham Street |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pelham Street |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Bainbridge Court |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bainbridge Court |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bainbridge Court |