£231,000
This estimated value is based upon the latest sale price for the house of £231,000 on 8 Mar 2024. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£231,000 | 8 Mar 2024 |
£200,950 | 19 Jan 2018 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 March 2024 the House Price Index for CITY OF NOTTINGHAM was 148.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £231,000 results in an estimated price of approximately £231,000.
8 Mar 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.6 | 148.6 | 0.000 % | £231,000 | £0 | £231,000 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | -19.000 % | £-43,889 | £187,110 |
3 Month Average | -7.915 % | £-18,284 | £212,715 |
6 Month Average | 4.363 % | £10,078 | £241,078 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £231,000 | £231,000 | 15 LAXTON CLOSE |
28 Apr 2023 | £257,776 | £255,000 | 104 CHALFONT DRIVE |
22 Sep 2022 | £360,092 | £363,000 | 107 CHALFONT DRIVE |
28 Jan 2022 | £308,356 | £293,000 | 17 MERIDIAN CLOSE |
30 Sep 2021 | £177,803 | £165,000 | 1 LAPINS CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Dec 2017. Using an estimated price of £231,000 means this house is valued at £3,300 per sq meter (£306 per sq foot).
The average size of a house on LAXTON CLOSE is 79 sq meters (857 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Meridian Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lapins Close |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lapins Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Colney Way |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sturmer Way |