£86,469
This estimated value is based upon the latest sale price for the house of £80,000 on 16 Jun 2021. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £80,000 | 16 Jun 2021 |
| £67,500 | 25 Jun 2009 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 930 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 2021 the House Price Index for CITY OF NOTTINGHAM was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £80,000 results in an estimated price of approximately £86,469.
| 16 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £80,000 | £6,469 | £86,469 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 13.206 % | £10,564 | £90,564 |
| 3 Month Average | 11.376 % | £9,101 | £89,101 |
| 6 Month Average | 12.278 % | £9,822 | £89,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £148,565 | £144,000 | 24 BAKEWELL DRIVE |
| 23 Oct 2023 | £146,323 | £143,000 | 31 FLAXTON WAY |
| 2 Oct 2023 | £127,905 | £125,000 | 13 THORNBURY WAY |
| 13 Jun 2023 | £168,374 | £165,000 | 7 BAKEWELL DRIVE |
| 23 Feb 2023 | £98,156 | £97,500 | 11 FLAXTON WAY |
This house has a floor area of 86 sq meters or 930 sq feet when measured on 23 Apr 2009. Using an estimated price of £86,469 means this house is valued at £1,000 per sq meter (£92 per sq foot).
The average size of a house on FLAXTON WAY is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnes Road |
| Oct 2024 | Other crime | Under investigation | On or near Barnes Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Barnes Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnes Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Barnes Road |