£156,529
This estimated value is based upon the latest sale price for the house of £152,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £152,000 | 8 Apr 2022 |
| £103,000 | 1 Dec 2006 |
| £96,500 | 30 Apr 2004 |
| £47,950 | 7 Apr 2000 |
| £40,000 | 14 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 April 2022 the House Price Index for CITY OF NOTTINGHAM was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £152,000 results in an estimated price of approximately £156,529.
| 8 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £152,000 | £4,529 | £156,529 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 46.291 % | £70,362 | £222,362 |
| 3 Month Average | 26.955 % | £40,970 | £192,970 |
| 6 Month Average | 13.275 % | £20,177 | £172,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £169,163 | £167,000 | 28 PADDOCK CLOSE |
| 21 Jul 2023 | £233,138 | £230,000 | 155 - 157 CINDERHILL ROAD |
| 14 Jul 2023 | £182,456 | £180,000 | 1 BAGNALL COTTAGES CINDERHILL ROAD |
| 31 Mar 2023 | £161,522 | £160,000 | 27 PADDOCK CLOSE |
| 16 Sep 2022 | £148,798 | £150,000 | 19 PADDOCK CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 19 Oct 2016. Using an estimated price of £156,529 means this house is valued at £2,006 per sq meter (£186 per sq foot).
The average size of a house on PADDOCK CLOSE is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Paddock Close |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Cinderhill Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cinderhill Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cinderhill Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Cinderhill Road |