£162,929
This estimated value is based upon the latest sale price for the house of £106,000 on 18 Jun 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£106,000 | 18 Jun 2014 |
£75,350 | 31 Oct 2002 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 835 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 June 2014 the House Price Index for NOTTINGHAMSHIRE was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £106,000 results in an estimated price of approximately £162,929.
18 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £106,000 | £56,929 | £162,929 |
The Postcode Pricing Model uses changes in average sales price within the NG17 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 | 8.631 % | £9,149 | £115,149 |
3 Month Average | 41.443 % | £43,929 | £149,929 |
6 Month Average | 49.533 % | £52,504 | £158,504 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £40,353 | £40,000 | 75 SILK STREET |
28 Jul 2023 | £71,969 | £71,000 | 27 SILK STREET |
15 Mar 2023 | £102,970 | £102,000 | 24 SILK STREET |
20 Jan 2023 | £96,545 | £97,000 | 61 HIGH PAVEMENT |
26 May 2022 | £101,920 | £100,000 | 10 THE TWITCHELL |
This house has a floor area of 77 sq meters or 835 sq feet when measured on 5 Nov 2009. Using an estimated price of £162,930 means this house is valued at £2,098 per sq meter (£194 per sq foot).
There is one other house on the street which we know the size of, this is 3 ASHWOOD CLOSE it is 82.62
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Windmill Close |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Silk Street |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Twitchell |