£97,452
This estimated value is based upon the latest sale price for the house of £80,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 17 Jul 2020 |
| £70,000 | 1 Feb 2013 |
| £113,950 | 17 Jan 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 July 2020 the House Price Index for NOTTINGHAMSHIRE was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £80,000 results in an estimated price of approximately £97,452.
| 17 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £80,000 | £17,452 | £97,452 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | -26.884 % | £-21,507 | £58,492 |
| 3 Month Average | 23.257 % | £18,605 | £98,605 |
| 6 Month Average | 20.981 % | £16,785 | £96,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £165,000 | £165,000 | 50 SPINDLE COURT |
| 20 Oct 2023 | £92,092 | £90,000 | 40 SPINDLE COURT |
| 10 Oct 2023 | £100,278 | £98,000 | 5 SPINDLE COURT |
| 28 Apr 2023 | £96,811 | £95,000 | 14 SPINDLE COURT |
| 24 Feb 2023 | £166,110 | £165,000 | 20 GRANGE AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 23 Sep 2019. Using an estimated price of £97,452 means this house is valued at £1,804 per sq meter (£167 per sq foot).
The average size of a house on SPINDLE COURT is 64 sq meters (695 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Sutton Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sutton Road |
| Jul 2024 | Anti-social behaviour | On or near Sutton Road | |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Sutton Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jadella Close |