£123,911
This estimated value is based upon the latest sale price for the house of £125,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £125,000 | 27 Jan 2023 |
| 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 January 2023 the House Price Index for CITY OF NOTTINGHAM was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £125,000 results in an estimated price of approximately £123,911.
| 27 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £125,000 | £-1,088 | £123,911 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | -19.228 % | £-24,034 | £100,965 |
| 3 Month Average | 3.939 % | £4,924 | £129,924 |
| 6 Month Average | 5.302 % | £6,628 | £131,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £193,678 | £192,500 | 24 FALSTON ROAD |
| 31 Jul 2023 | £172,128 | £170,500 | 1 LARKWOOD CLOSE |
| 28 Jul 2023 | £181,719 | £180,000 | 257 BEECHDALE ROAD |
| 27 Jan 2023 | £123,912 | £125,000 | 5 HUNSTON CLOSE |
| 25 Jul 2022 | £224,696 | £225,000 | 231 BEECHDALE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Hunston Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hunston Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hunston Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hunston Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shepherds Close |