£225,559
This estimated value is based upon the latest sale price for the house of £155,000 on 4 Mar 2015. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £155,000 | 4 Mar 2015 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 March 2015 the House Price Index for CITY OF NOTTINGHAM was 100.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.522%.Applying this 45.522% change to the original purchase price of £155,000 results in an estimated price of approximately £225,559.
| 4 Mar 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 146.7 | 45.522 % | £155,000 | £70,559 | £225,559 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 43.664 % | £67,679 | £222,679 |
| 3 Month Average | 35.448 % | £54,944 | £209,944 |
| 6 Month Average | 48.504 % | £75,181 | £230,181 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 8 Aug 2014.
The average size of a house on THORNEYWOOD RISE is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Porters Walk |
| Mar 2024 | Public order | Under investigation | On or near Purcell Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Purcell Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Purcell Close |
| Mar 2024 | Other crime | Under investigation | On or near Purcell Close |