£212,610
This estimated value is based upon the latest sale price for the house of £150,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £150,000 | 30 Oct 2015 |
| £133,000 | 4 Nov 2011 |
| £120,000 | 21 Mar 2003 |
| £63,500 | 19 Feb 1999 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 778 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 2015 the House Price Index for CITY OF NOTTINGHAM was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £150,000 results in an estimated price of approximately £212,610.
| 30 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £150,000 | £62,610 | £212,610 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 37.067 % | £55,601 | £205,601 |
| 3 Month Average | 51.567 % | £77,351 | £227,351 |
| 6 Month Average | 53.060 % | £79,590 | £229,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £205,660 | £202,500 | 47 CITY VIEW |
| 15 Dec 2023 | £154,755 | £150,000 | FLAT 11 FLEMING HOUSE OCKBROOK DRIVE |
| 23 Aug 2023 | £285,143 | £280,000 | 18 MUSTON CLOSE |
| 16 Jun 2023 | £153,067 | £150,000 | FLAT 5 FLEMING HOUSE OCKBROOK DRIVE |
| 27 Mar 2023 | £170,345 | £167,500 | APARTMENT 49 NIGHTINGALE HOUSE OCKBROOK DRIVE |
This house has a floor area of 72 sq meters or 778 sq feet when measured on 1 Feb 2011. Using an estimated price of £212,610 means this house is valued at £2,939 per sq meter (£273 per sq foot).
The average size of a house on FOLKTON GARDENS is 95 sq meters (1,031 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Folkton Gardens |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boynton Drive |
| Sep 2024 | Drugs | Under investigation | On or near Boynton Drive |
| Aug 2024 | Drugs | Awaiting court outcome | On or near Boynton Drive |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Boynton Drive |