£511,270
This estimated value is based upon the latest sale price for the house of £500,000 on 6 Sep 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£500,000 | 6 Sep 2023 |
Detached |
Freehold |
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 September 2023 the House Price Index for CITY OF NOTTINGHAM was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £500,000 results in an estimated price of approximately £511,270.
6 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £500,000 | £11,270 | £511,270 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | -5.466 % | £-27,331 | £472,668 |
3 Month Average | -0.717 % | £-3,586 | £496,413 |
6 Month Average | 0.401 % | £2,004 | £502,004 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £317,204 | £310,000 | 32 SURFLEET CLOSE |
6 Sep 2023 | £511,271 | £500,000 | 96 GRANGEWOOD ROAD |
21 Apr 2023 | £209,926 | £206,000 | 22 SURFLEET CLOSE |
31 Mar 2023 | £366,063 | £359,950 | 55 EASTCOTE AVENUE |
11 Aug 2022 | £140,658 | £140,000 | 12 FYLINGDALE WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other crime | Awaiting court outcome | On or near Nidderdale Close |
Sep 2024 | Drugs | Awaiting court outcome | On or near Nidderdale Close |
Aug 2024 | Anti-social behaviour | On or near Nidderdale Close | |
Aug 2024 | Anti-social behaviour | On or near Nidderdale Close | |
Sep 2024 | Anti-social behaviour | On or near Nidderdale |