£457,440
This estimated value is based upon the latest sale price for the house of £430,000 on 24 Sep 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 |
|---|---|
| £430,000 | 24 Sep 2021 |
| £355,000 | 5 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,396 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 September 2021 the House Price Index for CITY OF NOTTINGHAM was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £430,000 results in an estimated price of approximately £457,440.
| 24 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £430,000 | £27,440 | £457,440 |
The Postcode Pricing Model uses changes in average sales price within the NG11 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 | -10.396 % | £-44,704 | £385,295 |
| 3 Month Average | 22.037 % | £94,759 | £524,759 |
| 6 Month Average | 29.994 % | £128,973 | £558,973 |
This house has a floor area of 129 sq meters or 1,396 sq feet when measured on 24 Jan 2011.
The average size of a house on NETHERGATE is 259 sq meters (2,791 sq feet).
This house is the smallest in the street with a floor area of 129 sq meters (1,396 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Farriers Green |
| Jan 2024 | Vehicle crime | Under investigation | On or near Farriers Green |
| Jan 2024 | Burglary | Under investigation | On or near Nethergate |
| Jan 2024 | Burglary | Under investigation | On or near Nethergate |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Garrett Grove |