£178,430
This estimated value is based upon the latest sale price for the house of £142,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £142,000 | 25 May 2018 |
| £149,950 | 17 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 848 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 May 2018 the House Price Index for NOTTINGHAMSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £142,000 results in an estimated price of approximately £178,430.
| 25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £142,000 | £36,430 | £178,430 |
The Postcode Pricing Model uses changes in average sales price within the DN22 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 | -25.486 % | £-36,189 | £105,810 |
| 3 Month Average | 6.407 % | £9,097 | £151,097 |
| 6 Month Average | 16.650 % | £23,643 | £165,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £123,804 | £120,000 | 6 MAUN CLOSE |
| 6 Nov 2023 | £212,904 | £207,500 | 7 GALA WAY |
| 23 Oct 2023 | £112,556 | £110,000 | 22 MEDEN WAY |
| 16 Jun 2023 | £204,090 | £200,000 | 136 THRUMPTON LANE |
| 1 Jun 2023 | £209,192 | £205,000 | 21 GALA WAY |
This house has a floor area of 78 sq meters or 848 sq feet when measured on 13 Feb 2009. Using an estimated price of £178,430 means this house is valued at £2,263 per sq meter (£210 per sq foot).
The average size of a house on GRIEVES CLOSE is 113 sq meters (1,223 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Grieves Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Grieves Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gala Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Enterprise Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maun Close |