£179,066
This estimated value is based upon the latest sale price for the house of £175,000 on 10 Oct 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £175,000 | 10 Oct 2023 |
| £108,000 | 20 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 605 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 October 2023 the House Price Index for CITY OF NOTTINGHAM was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £175,000 results in an estimated price of approximately £179,066.
| 10 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £175,000 | £4,066 | £179,066 |
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 | 20.793 % | £36,388 | £211,388 |
| 3 Month Average | 5.999 % | £10,497 | £185,497 |
| 6 Month Average | 6.228 % | £10,899 | £185,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Sep 2024 | £130,000 | £130,000 | 26 MARCH CLOSE |
| 15 Mar 2024 | £233,589 | £230,000 | 16 MARCH CLOSE |
| 13 Oct 2023 | £276,275 | £270,000 | 14 KINGSMOOR CLOSE |
| 10 Oct 2023 | £179,067 | £175,000 | 15 RIGLEY DRIVE |
| 26 Sep 2023 | £148,268 | £145,000 | 19 HELLEBORE CLOSE |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 27 Mar 2012. Using an estimated price of £179,067 means this house is valued at £3,183 per sq meter (£295 per sq foot).
The average size of a house on RIGLEY DRIVE is 73 sq meters (788 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hellebore Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hellebore Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hellebore Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Darnal Close |
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Camomile Close |