£132,617
This estimated value is based upon the latest sale price for the house of £78,500 on 27 Nov 2006. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £78,500 | 27 Nov 2006 |
| £48,000 | 14 Nov 2003 |
| £48,000 | 14 Nov 2003 |
| £25,000 | 28 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 2006 the House Price Index for NOTTINGHAMSHIRE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £78,500 results in an estimated price of approximately £132,617.
| 27 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £78,500 | £54,117 | £132,617 |
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 | 51.603 % | £40,508 | £119,008 |
| 3 Month Average | 52.454 % | £41,176 | £119,676 |
| 6 Month Average | 53.104 % | £41,686 | £120,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £145,000 | £145,000 | 15 PROSPECT PLACE |
| 9 Aug 2023 | £40,735 | £40,000 | 75 SILK STREET |
| 12 Jun 2023 | £112,249 | £110,000 | 12 CORONATION STREET |
| 15 Mar 2023 | £103,732 | £102,000 | 24 SILK STREET |
| 6 Feb 2023 | £85,572 | £85,000 | 22 SILK STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 3 Mar 2016. Using an estimated price of £132,618 means this house is valued at £1,490 per sq meter (£138 per sq foot).
The average size of a house on SILK STREET is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Croft |
| Nov 2024 | Public order | Under investigation | On or near Silk Street |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Silk Street |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Silk Street |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Silk Street |