£106,526
This estimated value is based upon the latest sale price for the house of £80,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There has been one burglary within the last year on or near Luton Close
More crime details
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| Price Paid | Date |
|---|---|
| £80,000 | 22 Jul 2016 |
| £43,500 | 31 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 July 2016 the House Price Index for CITY OF NOTTINGHAM was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £80,000 results in an estimated price of approximately £106,526.
| 22 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £80,000 | £26,526 | £106,526 |
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 | 46.746 % | £37,396 | £117,396 |
| 3 Month Average | 76.901 % | £61,520 | £141,520 |
| 6 Month Average | 62.622 % | £50,097 | £130,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £91,166 | £90,000 | 5 HENSONS ROW |
| 23 Mar 2023 | £209,978 | £208,000 | 55 REYDON DRIVE |
| 10 Mar 2023 | £297,806 | £295,000 | 14 PENNANT ROAD |
| 17 Jan 2023 | £192,095 | £193,000 | 155 BASFORD ROAD |
| 9 Nov 2022 | £143,265 | £145,000 | 137 BASFORD ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 23 Nov 2015. Using an estimated price of £106,526 means this house is valued at £1,664 per sq meter (£154 per sq foot).
The average size of a house on BASFORD ROAD is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Luton Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Luton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Luton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Luton Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Luton Close |