£196,108
This estimated value is based upon the latest sale price for the house of £124,995 on 3 Aug 2007. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £124,995 | 3 Aug 2007 |
| £50,000 | 8 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2007 the House Price Index for CITY OF NOTTINGHAM was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £124,995 results in an estimated price of approximately £196,108.
| 3 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £124,995 | £71,113 | £196,108 |
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 | 56.229 % | £70,283 | £195,278 |
| 3 Month Average | 87.940 % | £109,920 | £234,915 |
| 6 Month Average | 66.294 % | £82,863 | £207,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £295,164 | £290,000 | 33 SHEPARD CLOSE |
| 7 Jul 2023 | £218,440 | £215,500 | 4 IRWIN DRIVE |
| 14 Apr 2023 | £227,449 | £225,000 | 52 IRWIN DRIVE |
| 10 Mar 2023 | £186,760 | £185,000 | 23 SHEPARD CLOSE |
| 24 Nov 2022 | £247,008 | £250,000 | 28 IRWIN DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 May 2012. Using an estimated price of £196,108 means this house is valued at £2,883 per sq meter (£267 per sq foot).
The average size of a house on SHEPARD CLOSE is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cooper Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cooper Close |
| Mar 2024 | Anti-social behaviour | On or near Mitchell Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mitchell Close |
| Mar 2024 | Anti-social behaviour | On or near Mitchell Close |