£247,023
This estimated value is based upon the latest sale price for the house of £180,000 on 25 Jan 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 25 Jan 2016 |
| £160,000 | 8 Jun 2009 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 January 2016 the House Price Index for NOTTINGHAMSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £180,000 results in an estimated price of approximately £247,023.
| 25 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £180,000 | £67,023 | £247,023 |
The Postcode Pricing Model uses changes in average sales price within the S81 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 | 138.629 % | £249,532 | £429,532 |
| 3 Month Average | 61.561 % | £110,810 | £290,810 |
| 6 Month Average | 46.351 % | £83,431 | £263,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £149,306 | £148,000 | 4 RIBBLESDALE |
| 28 Jul 2023 | £121,637 | £120,000 | 1 STABLE CLOSE |
| 29 Jun 2023 | £152,852 | £151,000 | 15 RIBBLESDALE |
| 6 Apr 2023 | £101,087 | £99,999 | 12 STABLE CLOSE |
| 10 Mar 2023 | £206,950 | £205,000 | 12 EDDISON CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Oct 2015. Using an estimated price of £247,024 means this house is valued at £3,580 per sq meter (£332 per sq foot).
The average size of a house on HEMMINGFIELD ROAD is 109 sq meters (1,178 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thievesdale Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ribblesdale |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Swaledale |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stable Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stable Close |