£138,716
This estimated value is based upon the latest sale price for the house of £113,000 on 30 Apr 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £113,000 | 30 Apr 2020 |
| £93,000 | 10 Jan 2019 |
| £82,000 | 2 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 April 2020 the House Price Index for CITY OF NOTTINGHAM was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £113,000 results in an estimated price of approximately £138,716.
| 30 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £113,000 | £25,716 | £138,716 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 28.209 % | £31,875 | £144,875 |
| 3 Month Average | 50.646 % | £57,230 | £170,230 |
| 6 Month Average | 33.569 % | £37,932 | £150,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £111,298 | £109,800 | 32 MERSEY STREET |
| 21 Jul 2023 | £136,842 | £135,000 | 23 MERSEY STREET |
| 19 Apr 2023 | £55,599 | £55,000 | 120 COMMERCIAL ROAD |
| 6 Apr 2023 | £121,306 | £120,000 | 43 MERSEY STREET |
| 10 Mar 2023 | £166,569 | £165,000 | 3 GAUL STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 12 Oct 2017. Using an estimated price of £138,716 means this house is valued at £1,874 per sq meter (£174 per sq foot).
The average size of a house on ABERCARN CLOSE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Abercarn Close |
| Mar 2024 | Anti-social behaviour | On or near Abercarn Close | |
| Mar 2024 | Anti-social behaviour | On or near Abercarn Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abercarn Close |
| Mar 2024 | Anti-social behaviour | On or near Abercarn Close |