£455,939
This estimated value is based upon the latest sale price for the house of £420,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £420,000 | 29 Sep 2021 |
| £88,000 | 24 Jan 1997 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 September 2021 the House Price Index for NOTTINGHAMSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £420,000 results in an estimated price of approximately £455,939.
| 29 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £420,000 | £35,939 | £455,939 |
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 | -25.222 % | £-105,933 | £314,066 |
| 3 Month Average | 4.085 % | £17,156 | £437,156 |
| 6 Month Average | 6.246 % | £26,232 | £446,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £430,000 | £430,000 | 22 FAR RYE |
| 2 Aug 2024 | £675,000 | £675,000 | 25 ARCHER CRESCENT |
| 15 Jul 2024 | £440,000 | £440,000 | 124 TORVILL DRIVE |
| 14 Jun 2024 | £317,000 | £317,000 | 28 CAXMERE DRIVE |
| 1 Sep 2023 | £434,580 | £425,000 | 100 TORVILL DRIVE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 1 Oct 2015. Using an estimated price of £455,939 means this house is valued at £3,507 per sq meter (£325 per sq foot).
The average size of a house on FAR RYE is 129 sq meters (1,395 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Far Rye |
| Aug 2024 | Anti-social behaviour | On or near Far Rye | |
| Aug 2024 | Anti-social behaviour | On or near Far Rye | |
| Aug 2024 | Anti-social behaviour | On or near Far Rye | |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Far Rye |