£186,504
This estimated value is based upon the latest sale price for the house of £97,500 on 29 Oct 2004. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£97,500 | 29 Oct 2004 |
£65,950 | 4 Oct 2002 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 740 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 October 2004 the House Price Index for CITY OF NOTTINGHAM was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £97,500 results in an estimated price of approximately £186,504.
29 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 149.7 | 91.287 % | £97,500 | £89,004 | £186,504 |
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 | 88.351 % | £86,142 | £183,642 |
3 Month Average | 83.438 % | £81,351 | £178,851 |
6 Month Average | 95.487 % | £93,099 | £190,599 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £231,252 | £226,000 | 5 SILVER BIRCH CLOSE |
12 Oct 2023 | £175,997 | £172,000 | 12 GARTON CLOSE |
21 Sep 2023 | £170,764 | £167,000 | 28 PADDOCK CLOSE |
31 Aug 2023 | £244,408 | £240,000 | 210 CINDERHILL ROAD |
31 Mar 2023 | £162,717 | £160,000 | 27 PADDOCK CLOSE |
This house has a floor area of 68 sq meters or 740 sq feet when measured on 21 Mar 2011. Using an estimated price of £186,504 means this house is valued at £2,710 per sq meter (£251 per sq foot).
The average size of a house on PADDOCK CLOSE is 73 sq meters (790 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Paddock Close |
Jul 2024 | Anti-social behaviour | On or near Paddock Close | |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Paddock Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paddock Close |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Cinderhill Road |