£125,262
This estimated value is based upon the latest sale price for the house of £89,950 on 25 Nov 2015. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £89,950 | 25 Nov 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 November 2015 the House Price Index for CITY OF NOTTINGHAM was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £89,950 results in an estimated price of approximately £125,262.
| 25 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £89,950 | £35,312 | £125,262 |
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 | 9.989 % | £8,985 | £98,935 |
| 3 Month Average | 24.372 % | £21,922 | £111,872 |
| 6 Month Average | 43.305 % | £38,952 | £128,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £131,948 | £129,995 | FLAT 6 696 WOODBOROUGH ROAD |
| 13 Nov 2023 | £208,076 | £204,995 | FLAT 301 696 WOODBOROUGH ROAD |
| 10 Nov 2023 | £170,017 | £167,500 | 41 BELVOIR STREET |
| 2 Nov 2023 | £134,491 | £132,500 | FLAT 206 696 WOODBOROUGH ROAD |
| 15 Sep 2023 | £35,453 | £35,000 | 5 CAVENDISH COURT |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 16 Jul 2015. Using an estimated price of £125,263 means this house is valued at £2,277 per sq meter (£211 per sq foot).
The average size of a house on WOODBOROUGH ROAD is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Anti-social behaviour | On or near Supermarket | |
| Dec 2023 | Anti-social behaviour | On or near Supermarket | |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Supermarket |