£246,026
This estimated value is based upon the latest sale price for the house of £184,000 on 14 Apr 2016. 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 Fairburn Close
More crime details
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| Price Paid | Date |
|---|---|
| £184,000 | 14 Apr 2016 |
| £55,000 | 21 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 April 2016 the House Price Index for CITY OF NOTTINGHAM was 109.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.710%.Applying this 33.710% change to the original purchase price of £184,000 results in an estimated price of approximately £246,026.
| 14 Apr 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 146.7 | 33.710 % | £184,000 | £62,026 | £246,026 |
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 | 27.937 % | £51,404 | £235,404 |
| 3 Month Average | 67.547 % | £124,286 | £308,286 |
| 6 Month Average | 60.748 % | £111,776 | £295,776 |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 12 Nov 2015.
The average size of a house on FAIRBURN CLOSE is 150 sq meters (1,619 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Fairburn Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairburn Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wollaton Paddocks |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wollaton Paddocks |
| Mar 2024 | Public order | Under investigation | On or near Hillbeck Crescent |