£73,068
This estimated value is based upon the latest sale price for the house of £40,000 on 30 Sep 2005. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £40,000 | 30 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 853 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 September 2005 the House Price Index for NOTTINGHAMSHIRE was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £40,000 results in an estimated price of approximately £73,068.
| 30 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.6 | 82.671 % | £40,000 | £33,068 | £73,068 |
The Postcode Pricing Model uses changes in average sales price within the S80 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 | -11.646 % | £-4,658 | £35,341 |
| 3 Month Average | 19.529 % | £7,811 | £47,811 |
| 6 Month Average | 41.892 % | £16,756 | £56,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £72,635 | £72,000 | 2 CAMBRIA TERRACE |
| 7 Aug 2023 | £87,768 | £87,000 | 26 SANDY LANE |
| 4 Apr 2023 | £101,088 | £100,000 | 28 SANDY LANE |
| 28 Feb 2023 | £154,896 | £155,000 | 24 CLARENCE ROAD |
| 5 Jan 2023 | £91,569 | £92,000 | 155 GATEFORD ROAD |
This house has a floor area of 79 sq meters or 853 sq feet when measured on 7 Oct 2008. Using an estimated price of £73,068 means this house is valued at £921 per sq meter (£85 per sq foot).
The average size of a house on GATEFORD ROAD is 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |