£261,796
This estimated value is based upon the latest sale price for the house of £165,000 on 8 Jun 2007. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£165,000 | 8 Jun 2007 |
£160,000 | 21 Oct 2005 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 June 2007 the House Price Index for NOTTINGHAMSHIRE was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £165,000 results in an estimated price of approximately £261,796.
8 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £165,000 | £96,796 | £261,796 |
The Postcode Pricing Model uses changes in average sales price within the NG25 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 | -39.783 % | £-65,642 | £99,357 |
3 Month Average | 17.400 % | £28,709 | £193,709 |
6 Month Average | 42.071 % | £69,417 | £234,417 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £363,177 | £360,000 | 79 SPRINGFIELD ROAD |
1 Aug 2023 | £302,648 | £300,000 | 48 SPRINGFIELD ROAD |
21 Feb 2023 | £389,738 | £390,000 | 2 BIRCHWOOD CLOSE |
17 Aug 2022 | £398,926 | £400,000 | 40 PINEWOOD CLOSE |
8 Apr 2022 | £271,867 | £264,000 | 32 SPRINGFIELD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Jul 2020. Using an estimated price of £261,797 means this house is valued at £4,155 per sq meter (£386 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 76 sq meters (824 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Robbery | Under investigation | On or near Kirklington Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fern Close |
Mar 2024 | Anti-social behaviour | On or near Leeway Road | |
Feb 2024 | Anti-social behaviour | On or near Norwood Gardens | |
Feb 2024 | Anti-social behaviour | On or near Norwood Gardens |