£320,468
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £280,000 | 30 Nov 2020 |
| £89,500 | 7 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 November 2020 the House Price Index for CITY OF NOTTINGHAM was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £280,000 results in an estimated price of approximately £320,468.
| 30 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 146.7 | 14.453 % | £280,000 | £40,468 | £320,468 |
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 | -14.518 % | £-40,650 | £239,349 |
| 3 Month Average | 8.241 % | £23,074 | £303,074 |
| 6 Month Average | 15.774 % | £44,167 | £324,167 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Oct 2014.
The average size of a house on FRANKLIN CLOSE is 100 sq meters (1,080 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Howells Close |
| Mar 2024 | Anti-social behaviour | On or near Melksham Road | |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Melksham Road |