£232,919
This estimated value is based upon the latest sale price for the house of £120,000 on 27 Aug 2004. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £120,000 | 27 Aug 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2004 the House Price Index for NOTTINGHAMSHIRE was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £120,000 results in an estimated price of approximately £232,919.
| 27 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £120,000 | £112,919 | £232,919 |
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 | 42.772 % | £51,326 | £171,326 |
| 3 Month Average | 73.074 % | £87,689 | £207,689 |
| 6 Month Average | 79.169 % | £95,003 | £215,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £252,767 | £245,000 | 14 WHITEHEAD LANE |
| 17 Nov 2023 | £174,428 | £170,000 | 7 WELBECK CLOSE |
| 10 Nov 2023 | £215,469 | £210,000 | 80 FARNDALE ROAD |
| 8 Sep 2023 | £168,719 | £165,000 | 5 CHATSWORTH CLOSE |
| 22 Mar 2023 | £183,057 | £180,000 | 8 HOMECROFT AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 18 Feb 2014. Using an estimated price of £232,919 means this house is valued at £2,117 per sq meter (£196 per sq foot).
The average size of a house on FARNDALE ROAD is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lound House Close |
| Jul 2024 | Anti-social behaviour | On or near Lound House Close | |
| Jul 2024 | Anti-social behaviour | On or near Lound House Close | |
| Jul 2024 | Anti-social behaviour | On or near Lound House Close | |
| Jul 2024 | Anti-social behaviour | On or near Lound House Close |