£215,413
This estimated value is based upon the latest sale price for the house of £139,950 on 24 Jul 2014. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £139,950 | 24 Jul 2014 |
| £108,500 | 8 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2014 the House Price Index for CITY OF NOTTINGHAM was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £139,950 results in an estimated price of approximately £215,413.
| 24 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £139,950 | £75,463 | £215,413 |
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 | 88.272 % | £123,537 | £263,487 |
| 3 Month Average | 77.739 % | £108,795 | £248,745 |
| 6 Month Average | 73.347 % | £102,649 | £242,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £250,000 | £250,000 | 32 ABBOTSBURY CLOSE |
| 12 Apr 2024 | £267,321 | £265,000 | 44 ABBOTSBURY CLOSE |
| 8 Mar 2024 | £233,589 | £230,000 | 26 ABBOTSBURY CLOSE |
| 14 Dec 2023 | £232,133 | £225,000 | 39 REVELSTOKE WAY |
| 20 Oct 2023 | £306,972 | £300,000 | 1 ABBOTSBURY CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 26 Oct 2013. Using an estimated price of £215,413 means this house is valued at £2,316 per sq meter (£215 per sq foot).
The average size of a house on REVELSTOKE WAY is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Abbotsbury Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbotsbury Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Revelstoke Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Revelstoke Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ardleigh Close |