£151,370
This estimated value is based upon the latest sale price for the house of £145,000 on 18 Mar 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £145,000 | 18 Mar 2022 |
| £115,000 | 22 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 March 2022 the House Price Index for CITY OF NOTTINGHAM was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £145,000 results in an estimated price of approximately £151,370.
| 18 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £145,000 | £6,370 | £151,370 |
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 | 13.734 % | £19,914 | £164,914 |
| 3 Month Average | 13.078 % | £18,962 | £163,962 |
| 6 Month Average | 9.296 % | £13,479 | £158,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £148,565 | £144,000 | 24 BAKEWELL DRIVE |
| 23 Oct 2023 | £146,323 | £143,000 | 31 FLAXTON WAY |
| 2 Oct 2023 | £127,905 | £125,000 | 13 THORNBURY WAY |
| 23 Feb 2023 | £98,156 | £97,500 | 11 FLAXTON WAY |
| 29 Jul 2022 | £186,973 | £185,100 | 110 BAKEWELL DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Mar 2019. Using an estimated price of £151,370 means this house is valued at £1,868 per sq meter (£173 per sq foot).
The average size of a house on THORNBURY WAY is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnes Road |
| Oct 2024 | Other crime | Under investigation | On or near Barnes Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Barnes Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnes Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnes Road |