£288,994
This estimated value is based upon the latest sale price for the house of £221,000 on 7 Oct 2016. 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 Park Terrace
More crime details
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| Price Paid | Date |
|---|---|
| £221,000 | 7 Oct 2016 |
| £213,000 | 9 Sep 2013 |
| £213,000 | 20 Apr 2011 |
| £249,950 | 23 Jul 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 930 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 October 2016 the House Price Index for CITY OF NOTTINGHAM was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £221,000 results in an estimated price of approximately £288,994.
| 7 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 146.7 | 30.767 % | £221,000 | £67,994 | £288,994 |
The Postcode Pricing Model uses changes in average sales price within the NG1 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 | 8.644 % | £19,103 | £240,103 |
| 3 Month Average | -2.980 % | £-6,586 | £214,413 |
| 6 Month Average | 17.681 % | £39,074 | £260,074 |
This house has a floor area of 86 sq meters or 930 sq feet when measured on 12 May 2010.
The average size of a house on PARK TERRACE is 145 sq meters (1,567 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Park Terrace |
| Jan 2024 | Burglary | Under investigation | On or near Park Terrace |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Terrace |
| Feb 2024 | Drugs | Under investigation | On or near Oxford Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oxford Street |