£310,616
This estimated value is based upon the latest sale price for the house of £164,000 on 24 Jan 2005. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £164,000 | 24 Jan 2005 |
| £127,500 | 23 Dec 2003 |
| £75,000 | 4 Jan 2001 |
| £56,000 | 28 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2005 the House Price Index for NOTTINGHAMSHIRE was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £164,000 results in an estimated price of approximately £310,616.
| 24 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 149.7 | 89.400 % | £164,000 | £146,616 | £310,616 |
The Postcode Pricing Model uses changes in average sales price within the NG25 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 | 13.990 % | £22,942 | £186,942 |
| 3 Month Average | 45.084 % | £73,938 | £237,938 |
| 6 Month Average | 44.617 % | £73,171 | £237,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £310,000 | £310,000 | 2 ASQUITH MEWS |
| 20 Oct 2023 | £286,507 | £280,000 | 7 DORNOCH AVENUE |
| 1 Jun 2022 | £1,236,430 | £1,210,000 | 4 CANONS CLOSE |
| 28 Mar 2022 | £391,475 | £375,000 | 32 RIVERSIDE |
| 11 Mar 2022 | £454,111 | £435,000 | 30 NEWARK ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 19 Feb 2016. Using an estimated price of £310,616 means this house is valued at £4,197 per sq meter (£389 per sq foot).
The average size of a house on HEYWOOD CLOSE is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canon'S Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Riverside |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Burgage |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chatham Street |
| Jul 2024 | Public order | Local resolution | On or near Chatham Street |