£188,141
This estimated value is based upon the latest sale price for the house of £185,000 on 10 Mar 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 |
---|---|
£185,000 | 10 Mar 2023 |
£60,000 | 22 Aug 2003 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 March 2023 the House Price Index for CITY OF NOTTINGHAM was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £185,000 results in an estimated price of approximately £188,141.
10 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £185,000 | £3,141 | £188,141 |
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 | -14.572 % | £-26,958 | £158,041 |
3 Month Average | 0.437 % | £808 | £185,808 |
6 Month Average | 4.464 % | £8,258 | £193,258 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £210,000 | £210,000 | 6 SHEPARD CLOSE |
8 Mar 2024 | £213,277 | £210,000 | 33 EISELE CLOSE |
1 Dec 2023 | £299,194 | £290,000 | 33 SHEPARD CLOSE |
9 Oct 2023 | £230,229 | £225,000 | 6 MITCHELL CLOSE |
14 Apr 2023 | £229,289 | £225,000 | 52 IRWIN DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 26 Apr 2016. Using an estimated price of £188,142 means this house is valued at £2,649 per sq meter (£246 per sq foot).
The average size of a house on SHEPARD CLOSE is 76 sq meters (826 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Eisele Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eisele Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mitchell Close |
Jul 2024 | Other theft | Under investigation | On or near Mitchell Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mitchell Close |