£300,585
This estimated value is based upon the latest sale price for the house of £53,400 on 30 Aug 1995. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £53,400 | 30 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 August 1995 the House Price Index for NOTTINGHAMSHIRE was 26.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 462.894%.Applying this 462.894% change to the original purchase price of £53,400 results in an estimated price of approximately £300,585.
| 30 Aug 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 146.7 | 462.894 % | £53,400 | £247,185 | £300,585 |
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 | 295.403 % | £157,745 | £211,145 |
| 3 Month Average | 314.578 % | £167,984 | £221,384 |
| 6 Month Average | 369.675 % | £197,406 | £250,806 |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 19 Mar 2019.
The average size of a house on WELLINGTON SQUARE is 127 sq meters (1,374 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Wellington Square |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Wellington Square |
| Mar 2024 | Other crime | Under investigation | On or near Wellington Villas |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Montfort Street |