£374,952
This estimated value is based upon the latest sale price for the house of £69,000 on 13 Dec 1996. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£69,000 | 13 Dec 1996 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 December 1996 the House Price Index for NOTTINGHAMSHIRE was 27.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 443.410%.Applying this 443.410% change to the original purchase price of £69,000 results in an estimated price of approximately £374,952.
13 Dec 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.5 | 149.7 | 443.410 % | £69,000 | £305,952 | £374,952 |
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 | 188.649 % | £130,167 | £199,167 |
3 Month Average | 282.313 % | £194,796 | £263,796 |
6 Month Average | 315.978 % | £218,025 | £287,025 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2024 | £320,000 | £320,000 | 6 WOODLAND DRIVE |
7 Aug 2023 | £366,612 | £360,000 | 79 SPRINGFIELD ROAD |
1 Aug 2023 | £305,510 | £300,000 | 48 SPRINGFIELD ROAD |
21 Feb 2023 | £392,623 | £390,000 | 2 BIRCHWOOD CLOSE |
17 Aug 2022 | £401,879 | £400,000 | 40 PINEWOOD CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 25 Jun 2015. Using an estimated price of £374,953 means this house is valued at £3,232 per sq meter (£300 per sq foot).
The average size of a house on BIRCHWOOD CLOSE is 155 sq meters (1,673 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Under investigation | On or near Kirklington Road |
Oct 2024 | Drugs | Under investigation | On or near Supermarket |
Sep 2024 | Anti-social behaviour | On or near Supermarket | |
Sep 2024 | Anti-social behaviour | On or near Supermarket | |
Aug 2024 | Anti-social behaviour | On or near Supermarket |