£379,897
This estimated value is based upon the latest sale price for the house of £370,000 on 16 May 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£370,000 | 16 May 2022 |
£232,000 | 26 Jan 2015 |
Detached |
Freehold |
Floor Area: 129 sq meters or 1,388 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 May 2022 the House Price Index for CITY OF NOTTINGHAM was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £370,000 results in an estimated price of approximately £379,897.
16 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £370,000 | £9,897 | £379,897 |
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 | -46.610 % | £-172,457 | £197,542 |
3 Month Average | 7.561 % | £27,976 | £397,976 |
6 Month Average | 18.940 % | £70,079 | £440,079 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Apr 2024 | £164,428 | £163,000 | 183 GLAISDALE DRIVE WEST |
30 Jun 2023 | £237,765 | £233,000 | 21 BURNWOOD DRIVE |
2 Aug 2022 | £265,617 | £264,375 | 12 RUSHY CLOSE |
27 Jun 2022 | £254,950 | £249,500 | 18 RUSHY CLOSE |
13 Jun 2022 | £196,194 | £192,000 | 48 DENHOLME ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 19 Jan 2016. Using an estimated price of £379,897 means this house is valued at £2,944 per sq meter (£273 per sq foot).
The average size of a house on FIELD HOUSE CLOSE is 109 sq meters (1,177 sq feet).
This house is the largest in the street with a floor area of 129 sq meters (1,388 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Field House Close |
Aug 2024 | Anti-social behaviour | On or near Field House Close | |
Aug 2024 | Anti-social behaviour | On or near Field House Close | |
Aug 2024 | Anti-social behaviour | On or near Field House Close | |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burnwood Drive |