£54,887
This estimated value is based upon the latest sale price for the house of £45,000 on 15 Jan 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There have been two burglaries within the last year on or near Thorpe Road
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| Price Paid | Date |
|---|---|
| £45,000 | 15 Jan 2020 |
| £10,000 | 22 Aug 2003 |
| £7,500 | 23 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 January 2020 the House Price Index for NOTTINGHAMSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £45,000 results in an estimated price of approximately £54,887.
| 15 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £45,000 | £9,887 | £54,887 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | -56.434 % | £-25,395 | £19,604 |
| 3 Month Average | -0.858 % | £-385 | £44,614 |
| 6 Month Average | 11.585 % | £5,213 | £50,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £471,988 | £465,000 | 50 SOUTHPARK AVENUE |
| 11 Aug 2023 | £100,883 | £100,000 | 21 THORNEY COURT |
| 31 Jul 2023 | £141,910 | £140,000 | 11 BARTON COURT |
| 23 Mar 2023 | £111,046 | £110,000 | 16 WHATTON COURT |
| 20 Mar 2023 | £111,046 | £110,000 | 20 CLAYWORTH COURT |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 16 Nov 2019. Using an estimated price of £54,887 means this house is valued at £1,143 per sq meter (£106 per sq foot).
The average size of a house on THORNEY COURT is 92 sq meters (992 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Thorpe Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Thorpe Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorpe Road |
| Mar 2024 | Anti-social behaviour | On or near Wilford Road | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wilford Road |