£198,263
This estimated value is based upon the latest sale price for the house of £116,000 on 27 Mar 2012. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £116,000 | 27 Mar 2012 |
| £153,000 | 15 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in March 2012 the House Price Index for NOTTINGHAMSHIRE was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £116,000 results in an estimated price of approximately £198,263.
| 27 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £116,000 | £82,263 | £198,263 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | 7.332 % | £8,504 | £124,504 |
| 3 Month Average | 58.307 % | £67,635 | £183,635 |
| 6 Month Average | 64.295 % | £74,582 | £190,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £96,034 | £95,000 | 14 SPINDLE COURT |
| 30 Sep 2022 | £191,454 | £193,000 | 4 SKEGBY MOUNT |
| 25 May 2022 | £188,553 | £185,000 | GROSVENOR HOUSE HERMITAGE AVENUE |
| 29 Apr 2022 | £293,493 | £285,000 | 18 HERMITAGE AVENUE |
| 14 Apr 2022 | £191,646 | £186,100 | 27 SKEGBY MOUNT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 25 Jun 2009. Using an estimated price of £198,263 means this house is valued at £2,305 per sq meter (£214 per sq foot).
The average size of a house on SPINNERS CLOSE is 117 sq meters (1,265 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Spindle Court |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Skegby Mount |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Skegby Mount |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Skegby Mount |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sutton Road |