£241,582
This estimated value is based upon the latest sale price for the house of £199,995 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£199,995 | 14 Aug 2020 |
Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 August 2020 the House Price Index for NOTTINGHAMSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £199,995 results in an estimated price of approximately £241,582.
14 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £199,995 | £41,587 | £241,582 |
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 | -50.861 % | £-101,719 | £98,275 |
3 Month Average | 14.037 % | £28,074 | £228,069 |
6 Month Average | 27.655 % | £55,308 | £255,303 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £185,206 | £181,000 | 32 EAKRING ROAD |
17 Oct 2023 | £112,556 | £110,000 | 23 GORDON AVENUE |
18 Apr 2023 | £109,039 | £107,000 | 44 HALL STREET |
28 Mar 2023 | £122,038 | £120,000 | 123 HALL STREET |
17 Mar 2023 | £128,140 | £126,000 | 120A SMITH STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Sep 2019. Using an estimated price of £241,582 means this house is valued at £2,842 per sq meter (£264 per sq foot).
The average size of a house on NORTHFIELD CLOSE is 138 sq meters (1,489 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northfield Close |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Northfield Drive |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Hall Street |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hall Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hall Street |