£188,224
This estimated value is based upon the latest sale price for the house of £135,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There has been one burglary within the last year on or near Marsden Close
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| Price Paid | Date |
|---|---|
| £135,000 | 11 Dec 2015 |
| £137,950 | 21 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2015 the House Price Index for CITY OF NOTTINGHAM was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £135,000 results in an estimated price of approximately £188,224.
| 11 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £135,000 | £53,224 | £188,224 |
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 | 26.982 % | £36,425 | £171,425 |
| 3 Month Average | 51.331 % | £69,296 | £204,296 |
| 6 Month Average | 70.043 % | £94,557 | £229,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £242,450 | £235,000 | 4 PARK LANE BUSINESS CENTRE |
| 1 Dec 2023 | £215,626 | £209,000 | 23 MARSDEN CLOSE |
| 5 Sep 2023 | £173,781 | £169,950 | 1 PARKWOOD COURT |
| 25 Aug 2023 | £432,806 | £425,000 | 21 PARK LANE BUSINESS CENTRE |
| 21 Aug 2023 | £168,031 | £165,000 | 5 PARKWOOD COURT |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 30 Jul 2015. Using an estimated price of £188,225 means this house is valued at £2,444 per sq meter (£227 per sq foot).
The average size of a house on MARSDEN CLOSE is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Marsden Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkwood Court |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Selwyn Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Selwyn Close |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Selwyn Close |