£652,501
This estimated value is based upon the latest sale price for the house of £154,000 on 24 Sep 1999. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £154,000 | 24 Sep 1999 |
| Semi-Detached |
| Freehold |
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 September 1999 the House Price Index for CITY OF NOTTINGHAM was 35.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 323.703%.Applying this 323.703% change to the original purchase price of £154,000 results in an estimated price of approximately £652,501.
| 24 Sep 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 149.7 | 323.703 % | £154,000 | £498,501 | £652,501 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 273.150 % | £420,651 | £574,651 |
| 3 Month Average | 300.396 % | £462,610 | £616,610 |
| 6 Month Average | 297.357 % | £457,929 | £611,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £138,000 | £138,000 | 5 ELM CLOSE |
| 1 Dec 2023 | £115,035 | £111,500 | 48 ELM CLOSE |
| 9 Feb 2023 | £112,753 | £112,000 | 37 ELM CLOSE |
| 16 Nov 2022 | £139,348 | £140,000 | FLAT 4 FOTHERGILL COURT MAPPERLEY ROAD |
| 9 Nov 2022 | £184,139 | £185,000 | APARTMENT 3 THE MARLBOROUGH CRANMER STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Malcolm Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malcolm Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malcolm Close |
| Aug 2024 | Anti-social behaviour | On or near Malcolm Close | |
| Aug 2024 | Anti-social behaviour | On or near Malcolm Close |