£163,523
This estimated value is based upon the latest sale price for the house of £97,000 on 31 May 2013. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£97,000 | 31 May 2013 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 May 2013 the House Price Index for CITY OF NOTTINGHAM was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £97,000 results in an estimated price of approximately £163,523.
31 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.581 % | £97,000 | £66,523 | £163,523 |
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 | 53.125 % | £51,531 | £148,531 |
3 Month Average | 73.457 % | £71,253 | £168,253 |
6 Month Average | 86.299 % | £83,710 | £180,710 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £179,558 | £175,000 | 4 NORTHOLME AVENUE |
21 Aug 2023 | £252,555 | £248,000 | 17 PADLEY CLOSE |
29 Jul 2022 | £131,316 | £130,000 | 24 LATIMER CLOSE |
25 Mar 2022 | £156,590 | £150,000 | 29 LATIMER CLOSE |
15 Mar 2022 | £195,737 | £187,500 | 2 NORTHOLME AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 21 May 2013. Using an estimated price of £163,524 means this house is valued at £2,680 per sq meter (£249 per sq foot).
The average size of a house on PADLEY CLOSE is 80 sq meters (864 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Padley Close |
Apr 2024 | Shoplifting | Awaiting court outcome | On or near Padley Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Road |