£152,046
This estimated value is based upon the latest sale price for the house of £150,000 on 21 Jul 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £150,000 | 21 Jul 2023 |
| £73,000 | 7 Mar 2003 |
| £50,000 | 17 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 565 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 July 2023 the House Price Index for CITY OF NOTTINGHAM was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £150,000 results in an estimated price of approximately £152,046.
| 21 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £150,000 | £2,046 | £152,046 |
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 | -6.792 % | £-10,187 | £139,812 |
| 3 Month Average | 15.383 % | £23,074 | £173,074 |
| 6 Month Average | 10.918 % | £16,377 | £166,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £169,483 | £168,000 | 37 LINDUM ROAD |
| 21 Jul 2023 | £152,046 | £150,000 | 2 ARKERS CLOSE |
| 13 Apr 2023 | £163,763 | £162,000 | 5 ACADEMY CLOSE |
| 11 Mar 2022 | £170,983 | £165,000 | 18 LINDUM ROAD |
| 20 Dec 2021 | £207,311 | £193,500 | 1 TOWLSONS CROFT |
This house has a floor area of 52 sq meters or 565 sq feet when measured on 23 Sep 2011. Using an estimated price of £152,046 means this house is valued at £2,892 per sq meter (£268 per sq foot).
The average size of a house on ARKERS CLOSE is 76 sq meters (823 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (565 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arkers Close |
| Mar 2024 | Anti-social behaviour | On or near Evans Road | |
| Mar 2024 | Anti-social behaviour | On or near Evans Road |