£268,240
This estimated value is based upon the latest sale price for the house of £232,000 on 15 Dec 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £232,000 | 15 Dec 2020 |
| £200,000 | 3 May 2017 |
| £64,000 | 14 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 December 2020 the House Price Index for NOTTINGHAMSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £232,000 results in an estimated price of approximately £268,240.
| 15 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £232,000 | £36,240 | £268,240 |
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 | 4.772 % | £11,070 | £243,070 |
| 3 Month Average | 20.462 % | £47,472 | £279,472 |
| 6 Month Average | 23.301 % | £54,058 | £286,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2024 | £195,000 | £195,000 | 1A SPRINGWOOD VIEW CLOSE |
| 31 May 2024 | £127,000 | £127,000 | 8 PARKWAY |
| 8 Dec 2023 | £98,012 | £95,000 | 84 SPRINGWOOD VIEW CLOSE |
| 28 Nov 2023 | £184,688 | £180,000 | 26 FOXHILL CLOSE |
| 4 Sep 2023 | £179,967 | £176,000 | 1B SPRINGWOOD VIEW CLOSE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 19 Sep 2012. Using an estimated price of £268,241 means this house is valued at £2,047 per sq meter (£190 per sq foot).
The average size of a house on SPRINGWOOD VIEW CLOSE is 107 sq meters (1,161 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Ashmore Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Evans Avenue |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Burton Close |
| Sep 2024 | Anti-social behaviour | On or near Far Croft Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Far Croft Avenue |