£162,505
This estimated value is based upon the latest sale price for the house of £102,333 on 27 Jul 2007. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £102,333 | 27 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2007 the House Price Index for NOTTINGHAMSHIRE was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £102,333 results in an estimated price of approximately £162,505.
| 27 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £102,333 | £60,172 | £162,505 |
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 | 45.353 % | £46,411 | £148,744 |
| 3 Month Average | 60.843 % | £62,262 | £164,595 |
| 6 Month Average | 58.378 % | £59,739 | £162,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £105,580 | £102,900 | 14 BOWNE STREET |
| 21 Apr 2023 | £54,010 | £53,000 | 32 OUTRAM STREET |
| 10 Mar 2023 | £55,934 | £55,000 | 60 OUTRAM STREET |
| 24 Nov 2022 | £160,251 | £161,000 | 10 BOWNE STREET |
| 28 Sep 2022 | £39,973 | £40,000 | 110 OUTRAM STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 Apr 2015. Using an estimated price of £162,506 means this house is valued at £2,425 per sq meter (£225 per sq foot).
The average size of a house on GRESHAM CLOSE is 61 sq meters (665 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Under investigation | On or near Gresham Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bowne Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bowne Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Outram Street |
| Oct 2024 | Other crime | Under investigation | On or near Outram Street |