£86,134
This estimated value is based upon the latest sale price for the house of £69,950 on 18 May 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £69,950 | 18 May 2018 |
| £59,000 | 16 Jun 2016 |
| £63,000 | 27 Jan 2005 |
| £23,000 | 25 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 May 2018 the House Price Index for NOTTINGHAMSHIRE was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £69,950 results in an estimated price of approximately £86,134.
| 18 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £69,950 | £16,184 | £86,134 |
The Postcode Pricing Model uses changes in average sales price within the NG17 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 | 25.200 % | £17,627 | £87,577 |
| 3 Month Average | 25.363 % | £17,741 | £87,691 |
| 6 Month Average | 33.032 % | £23,105 | £93,055 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Apr 2016.
The average size of a house on SILK STREET is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Silk Street |
| Dec 2023 | Drugs | Local resolution | On or near Mill Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Prospect Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Prospect Place |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Prospect Place |