£134,484
This estimated value is based upon the latest sale price for the house of £120,000 on 16 Feb 2021. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There has been one burglary within the last year on or near The Wells Road
More crime details
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| Price Paid | Date |
|---|---|
| £120,000 | 16 Feb 2021 |
| £87,000 | 21 Oct 2011 |
| £97,000 | 16 Mar 2007 |
| £80,000 | 19 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 681 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 February 2021 the House Price Index for CITY OF NOTTINGHAM was 130.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 12.070%.Applying this 12.070% change to the original purchase price of £120,000 results in an estimated price of approximately £134,484.
| 16 Feb 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 146.7 | 12.070 % | £120,000 | £14,484 | £134,484 |
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 | 27.039 % | £32,447 | £152,447 |
| 3 Month Average | -22.482 % | £-26,977 | £93,022 |
| 6 Month Average | -1.187 % | £-1,424 | £118,575 |
This house has a floor area of 63 sq meters or 681 sq feet when measured on 5 Mar 2011.
The average size of a house on THE CHESTNUTS is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near The Wells Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boynton Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boynton Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boynton Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Boynton Drive |