£313,158
This estimated value is based upon the latest sale price for the house of £305,000 on 12 May 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £305,000 | 12 May 2022 |
| £171,500 | 16 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in May 2022 the House Price Index for CITY OF NOTTINGHAM was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £305,000 results in an estimated price of approximately £313,158.
| 12 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £305,000 | £8,158 | £313,158 |
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 | -5.440 % | £-16,592 | £288,407 |
| 3 Month Average | 11.329 % | £34,554 | £339,554 |
| 6 Month Average | 12.855 % | £39,208 | £344,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2022 | £357,645 | £350,000 | 17 GLENSFORD GARDENS |
| 25 May 2022 | £267,468 | £260,500 | 60 REVELSTOKE WAY |
| 12 May 2022 | £313,158 | £305,000 | 9 LARGS CLOSE |
| 25 Feb 2022 | £237,703 | £225,000 | 4 HOUSTON CLOSE |
| 10 Dec 2021 | £291,413 | £270,000 | 72 REVELSTOKE WAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 19 Sep 2014. Using an estimated price of £313,158 means this house is valued at £3,228 per sq meter (£299 per sq foot).
The average size of a house on LARGS CLOSE is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roseneath Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Revelstoke Way |
| Aug 2024 | Anti-social behaviour | On or near Barrhead Close | |
| Aug 2024 | Anti-social behaviour | On or near Barrhead Close | |
| Aug 2024 | Anti-social behaviour | On or near Barrhead Close |