£130,683
This estimated value is based upon the latest sale price for the house of £73,000 on 21 Feb 2006. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £73,000 | 21 Feb 2006 |
| £44,000 | 11 Oct 2002 |
| £25,000 | 29 Aug 1997 |
| £27,000 | 30 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 February 2006 the House Price Index for CITY OF NOTTINGHAM was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £73,000 results in an estimated price of approximately £130,683.
| 21 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £73,000 | £57,683 | £130,683 |
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 | 54.768 % | £39,980 | £112,980 |
| 3 Month Average | 54.224 % | £39,583 | £112,583 |
| 6 Month Average | 67.159 % | £49,026 | £122,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £110,000 | £110,000 | 39 LATHKILL CLOSE |
| 31 Aug 2023 | £132,388 | £130,000 | 27 MURIEL STREET |
| 5 Jun 2023 | £91,840 | £90,000 | 53 COMMERCIAL ROAD |
| 14 Apr 2023 | £150,311 | £147,500 | 33 STOCK WELL |
| 5 Apr 2023 | £82,544 | £81,000 | 20 SEVERN STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 18 Mar 2020. Using an estimated price of £130,683 means this house is valued at £1,502 per sq meter (£139 per sq foot).
The average size of a house on LATHKILL CLOSE is 103 sq meters (1,115 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lathkill Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lathkill Close |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |