£114,797
This estimated value is based upon the latest sale price for the house of £73,000 on 7 Sep 2007. 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 | 7 Sep 2007 |
| £68,000 | 27 May 2005 |
| £39,000 | 25 Jan 2002 |
| £24,500 | 22 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2007 the House Price Index for CITY OF NOTTINGHAM was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £73,000 results in an estimated price of approximately £114,797.
| 7 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £73,000 | £41,797 | £114,797 |
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 | 47.493 % | £34,670 | £107,670 |
| 3 Month Average | 49.776 % | £36,336 | £109,336 |
| 6 Month Average | 61.137 % | £44,629 | £117,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £156,403 | £154,000 | 38 BROOKLYN ROAD |
| 15 Dec 2023 | £242,450 | £235,000 | 4 PARK LANE BUSINESS CENTRE |
| 7 Dec 2023 | £149,597 | £145,000 | 122 PARK LANE |
| 13 Nov 2023 | £174,428 | £170,000 | 48 BROOKLYN ROAD |
| 1 Nov 2023 | £110,300 | £107,500 | 66 BRAYTON CRESCENT |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 26 Jun 2015. Using an estimated price of £114,798 means this house is valued at £1,739 per sq meter (£161 per sq foot).
The average size of a house on THORNER CLOSE is 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Under investigation | On or near Thorner Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorner Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saxondale Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saxondale Drive |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Saxondale Drive |