£212,721
This estimated value is based upon the latest sale price for the house of £209,000 on 1 Dec 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 |
|---|---|
| £209,000 | 1 Dec 2023 |
| £132,950 | 28 Oct 2005 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 781 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 December 2023 the House Price Index for CITY OF NOTTINGHAM was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £209,000 results in an estimated price of approximately £212,721.
| 1 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £209,000 | £3,721 | £212,721 |
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 | 8.903 % | £18,607 | £227,607 |
| 3 Month Average | 18.031 % | £37,685 | £246,685 |
| 6 Month Average | 5.029 % | £10,511 | £219,511 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £212,722 | £209,000 | 23 MARSDEN CLOSE |
| 5 Sep 2023 | £172,151 | £169,950 | 1 PARKWOOD COURT |
| 25 Aug 2023 | £428,751 | £425,000 | 21 PARK LANE BUSINESS CENTRE |
| 21 Aug 2023 | £166,456 | £165,000 | 5 PARKWOOD COURT |
| 4 Jul 2023 | £182,456 | £180,000 | 1 LABURNUM GARDENS |
This house has a floor area of 72 sq meters or 781 sq feet when measured on 30 Mar 2009. Using an estimated price of £212,722 means this house is valued at £2,930 per sq meter (£272 per sq foot).
The average size of a house on MARSDEN CLOSE is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marsden Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marsden Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Marsden Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marsden Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parkwood Court |