£156,499
This estimated value is based upon the latest sale price for the house of £145,000 on 6 Dec 2021. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£145,000 | 6 Dec 2021 |
£74,950 | 12 Sep 2002 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 December 2021 the House Price Index for CITY OF NOTTINGHAM was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £145,000 results in an estimated price of approximately £156,499.
6 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £145,000 | £11,499 | £156,499 |
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 | 32.645 % | £47,335 | £192,335 |
3 Month Average | 11.173 % | £16,201 | £161,201 |
6 Month Average | 11.362 % | £16,474 | £161,474 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Sep 2024 | £130,000 | £130,000 | 26 MARCH CLOSE |
15 Mar 2024 | £233,589 | £230,000 | 16 MARCH CLOSE |
13 Oct 2023 | £276,275 | £270,000 | 14 KINGSMOOR CLOSE |
10 Oct 2023 | £179,067 | £175,000 | 15 RIGLEY DRIVE |
26 Sep 2023 | £148,268 | £145,000 | 19 HELLEBORE CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 27 Jul 2021. Using an estimated price of £156,500 means this house is valued at £2,484 per sq meter (£230 per sq foot).
The average size of a house on RIGLEY DRIVE is 73 sq meters (788 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hellebore Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hellebore Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hellebore Close |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Darnal Close |
Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Camomile Close |