£88,679
This estimated value is based upon the latest sale price for the house of £52,000 on 11 May 2012. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There have been two burglaries within the last year on or near George Street
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| Price Paid | Date |
|---|---|
| £52,000 | 11 May 2012 |
| £66,150 | 28 Apr 2006 |
| £28,450 | 27 Feb 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 844 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 May 2012 the House Price Index for NOTTINGHAMSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £52,000 results in an estimated price of approximately £88,679.
| 11 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £52,000 | £36,679 | £88,679 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | 8.110 % | £4,217 | £56,217 |
| 3 Month Average | 55.488 % | £28,853 | £80,853 |
| 6 Month Average | 61.889 % | £32,182 | £84,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £250,370 | £247,000 | 112 GEORGE STREET |
| 31 Mar 2023 | £186,760 | £185,000 | 61 WINKBURN ROAD |
| 10 Mar 2023 | £186,760 | £185,000 | 15 WINKBURN ROAD |
| 27 Feb 2023 | £99,933 | £100,000 | 92 GEORGE STREET |
| 27 Jan 2023 | £97,541 | £98,000 | 57 SADLER STREET |
This house has a floor area of 78 sq meters or 844 sq feet when measured on 5 Mar 2012. Using an estimated price of £88,680 means this house is valued at £1,129 per sq meter (£104 per sq foot).
The average size of a house on GEORGE STREET is 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near George Street |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near George Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near George Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near George Street |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near George Street |