£172,938
This estimated value is based upon the latest sale price for the house of £160,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Nottingham Road
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| Price Paid | Date |
|---|---|
| £160,000 | 28 Jun 2021 |
| £125,000 | 10 May 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 June 2021 the House Price Index for NOTTINGHAMSHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £160,000 results in an estimated price of approximately £172,938.
| 28 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £160,000 | £12,938 | £172,938 |
The Postcode Pricing Model uses changes in average sales price within the NG25 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 | -20.579 % | £-32,926 | £127,073 |
| 3 Month Average | -12.043 % | £-19,269 | £140,730 |
| 6 Month Average | -5.843 % | £-9,349 | £150,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £163,419 | £162,000 | 40 MOORFIELD COURT |
| 10 Nov 2023 | £123,125 | £120,000 | FLAT 1 TUDOR HOUSE, 72 WESTGATE |
| 23 Jun 2023 | £566,350 | £555,000 | MAYS COTTAGE WESTGATE |
| 2 Jun 2023 | £231,642 | £227,000 | 4 - 5 PARK TERRACE |
| 29 Jul 2022 | £277,783 | £275,000 | 29 BECKETTS FIELD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 22 Oct 2012. Using an estimated price of £172,939 means this house is valued at £2,981 per sq meter (£277 per sq foot).
The average size of a house on MOORFIELD COURT is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nottingham Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nottingham Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Nottingham Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nottingham Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Nottingham Road |