£161,339
This estimated value is based upon the latest sale price for the house of £109,000 on 24 Apr 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £109,000 | 24 Apr 2015 |
| Semi-Detached |
| Freehold |
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 April 2015 the House Price Index for NOTTINGHAMSHIRE was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £109,000 results in an estimated price of approximately £161,339.
| 24 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £109,000 | £52,339 | £161,339 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 83.580 % | £91,101 | £200,101 |
| 3 Month Average | 73.153 % | £79,736 | £188,736 |
| 6 Month Average | 62.288 % | £67,894 | £176,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £220,000 | £220,000 | 8 BAILEY CLOSE |
| 7 Dec 2023 | £190,865 | £185,000 | 37 WORDSWORTH ROAD |
| 3 Nov 2023 | £256,511 | £250,000 | 1 SHELLEY ROAD |
| 9 Aug 2023 | £211,820 | £208,000 | 21 BROWNING CLOSE |
| 28 Jun 2023 | £112,249 | £110,000 | 43 BYRON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Browning Close |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wordsworth Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wordsworth Road |
| Aug 2024 | Anti-social behaviour | On or near Bailey Close | |
| Aug 2024 | Anti-social behaviour | On or near Bailey Close |