£204,563
This estimated value is based upon the latest sale price for the house of £109,995 on 17 Jun 2005. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £109,995 | 17 Jun 2005 |
| £51,000 | 17 Dec 1997 |
| £44,000 | 31 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 809 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 June 2005 the House Price Index for CITY OF NOTTINGHAM was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £109,995 results in an estimated price of approximately £204,563.
| 17 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £109,995 | £94,568 | £204,563 |
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 | 51.879 % | £57,063 | £167,058 |
| 3 Month Average | 63.331 % | £69,660 | £179,655 |
| 6 Month Average | 75.345 % | £82,875 | £192,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £201,752 | £200,000 | 17 ARIEL CLOSE |
| 8 Mar 2024 | £195,504 | £192,500 | 7 MALLARD CLOSE |
| 30 Aug 2023 | £254,592 | £250,000 | 8 MAYFAIR GARDENS |
| 30 Mar 2023 | £198,312 | £195,000 | 97 HARMSTON RISE |
| 14 Sep 2022 | £219,853 | £220,000 | 198 ARNOLD ROAD |
This house has a floor area of 75 sq meters or 809 sq feet when measured on 17 Nov 2011. Using an estimated price of £204,563 means this house is valued at £2,718 per sq meter (£252 per sq foot).
The average size of a house on ARIEL CLOSE is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Ariel Close | |
| Jun 2024 | Anti-social behaviour | On or near Ariel Close | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ariel Close |
| May 2024 | Public order | Unable to prosecute suspect | On or near Ariel Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ariel Close |