£316,059
This estimated value is based upon the latest sale price for the house of £305,000 on 30 Mar 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £305,000 | 30 Mar 2022 |
| £67,000 | 17 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in March 2022 the House Price Index for NOTTINGHAMSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £305,000 results in an estimated price of approximately £316,059.
| 30 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £305,000 | £11,059 | £316,059 |
The Postcode Pricing Model uses changes in average sales price within the DN22 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 | -30.607 % | £-93,351 | £211,648 |
| 3 Month Average | -0.958 % | £-2,923 | £302,076 |
| 6 Month Average | -5.912 % | £-18,033 | £286,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £199,866 | £200,000 | 54 BIGSBY ROAD |
| 6 Jan 2023 | £338,406 | £340,000 | 7 CORNWALL ROAD |
| 21 Jun 2022 | £253,584 | £250,000 | 14 RICHMOND ROAD |
| 30 Mar 2022 | £316,060 | £305,000 | 19 ELMWOOD CLOSE |
| 14 Feb 2022 | £224,001 | £213,600 | 34 RICHMOND ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 8 Nov 2013. Using an estimated price of £316,060 means this house is valued at £2,323 per sq meter (£215 per sq foot).
The average size of a house on ELMWOOD CLOSE is 116 sq meters (1,256 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Richmond Road |
| Feb 2024 | Anti-social behaviour | On or near The Shetlands | |
| Feb 2024 | Anti-social behaviour | On or near The Shetlands | |
| Feb 2024 | Anti-social behaviour | On or near The Shetlands | |
| Mar 2024 | Vehicle crime | Under investigation | On or near St Saviour'S Close |