£322,310
This estimated value is based upon the latest sale price for the house of £270,000 on 2 Jul 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There has been one burglary within the last year on or near Lodgewood Close
More crime details
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| Price Paid | Date |
|---|---|
| £270,000 | 2 Jul 2020 |
| £128,000 | 24 Apr 2015 |
| £150,000 | 3 Jan 2012 |
| £180,000 | 28 Jan 2005 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 July 2020 the House Price Index for CITY OF NOTTINGHAM was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £270,000 results in an estimated price of approximately £322,310.
| 2 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £270,000 | £52,310 | £322,310 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 14.278 % | £38,550 | £308,550 |
| 3 Month Average | 28.693 % | £77,471 | £347,471 |
| 6 Month Average | 23.205 % | £62,654 | £332,654 |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 16 Jun 2020.
The average size of a house on HEMPSHILL LANE is 77 sq meters (831 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lodgewood Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodgewood Close |
| Mar 2024 | Anti-social behaviour | On or near Lodgewood Close | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lodgewood Close |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Lodgewood Close |