£278,559
This estimated value is based upon the latest sale price for the house of £270,000 on 12 Dec 2023. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 12 Dec 2023 |
| £58,000 | 29 Jun 1998 |
| Detached |
| Freehold |
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 December 2023 the House Price Index for NOTTINGHAMSHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £270,000 results in an estimated price of approximately £278,559.
| 12 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £270,000 | £8,559 | £278,559 |
The Postcode Pricing Model uses changes in average sales price within the NG16 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 | 45.021 % | £121,555 | £391,555 |
| 3 Month Average | 2.173 % | £5,867 | £275,867 |
| 6 Month Average | 4.038 % | £10,902 | £280,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £278,560 | £270,000 | 12 WETHERBY CLOSE |
| 14 Aug 2023 | £151,737 | £149,000 | 5 MAWS LANE |
| 27 Jun 2023 | £193,885 | £190,000 | 5 WETHERBY CLOSE |
| 24 Mar 2023 | £350,859 | £345,000 | 8 HAYDOCK CLOSE |
| 12 Aug 2022 | £200,940 | £200,000 | 9 WETHERBY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Wetherby Close | |
| Sep 2024 | Anti-social behaviour | On or near Wetherby Close | |
| Aug 2024 | Drugs | Investigation complete; no suspect identified | On or near Wetherby Close |
| Jul 2024 | Robbery | Unable to prosecute suspect | On or near Wetherby Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maws Lane |