£134,241
This estimated value is based upon the latest sale price for the house of £127,068 on 1 Feb 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£127,068 | 1 Feb 2022 |
£74,950 | 20 Dec 1996 |
Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 February 2022 the House Price Index for NOTTINGHAMSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £127,068 results in an estimated price of approximately £134,241.
1 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £127,068 | £7,173 | £134,241 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | 3.200 % | £4,066 | £131,134 |
3 Month Average | 13.517 % | £17,175 | £144,243 |
6 Month Average | 8.553 % | £10,868 | £137,936 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £254,592 | £250,000 | 14 REDCAR CLOSE |
23 Jun 2023 | £305,115 | £299,000 | 12 BREWERS WAY |
27 May 2022 | £87,274 | £85,000 | 15 COCKLE CLOSE |
7 Apr 2022 | £248,981 | £240,000 | ROSALIA HOUSE, 4 RACECOURSE ROAD |
1 Feb 2022 | £134,242 | £127,068 | 23 ADRIANS CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 10 Nov 2021. Using an estimated price of £134,242 means this house is valued at £1,699 per sq meter (£157 per sq foot).
The average size of a house on ADRIANS CLOSE is 83 sq meters (900 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Racecourse Road | |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Racecourse Road |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Racecourse Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Racecourse Road |
Jul 2024 | Anti-social behaviour | On or near Cockle Close |