£127,122
This estimated value is based upon the latest sale price for the house of £125,000 on 16 Mar 2023. 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 Bankwood Close
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Price Paid | Date |
---|---|
£125,000 | 16 Mar 2023 |
£65,000 | 22 Apr 2005 |
£30,000 | 21 May 2003 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 2023 the House Price Index for CITY OF NOTTINGHAM was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £125,000 results in an estimated price of approximately £127,122.
16 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £125,000 | £2,122 | £127,122 |
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 | 24.616 % | £30,769 | £155,769 |
3 Month Average | 3.265 % | £4,081 | £129,081 |
6 Month Average | -1.764 % | £-2,205 | £122,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £164,167 | £160,000 | 48 BANKWOOD CLOSE |
31 Oct 2023 | £153,486 | £150,000 | 4 AMBLESIDE ROAD |
20 Oct 2023 | £184,183 | £180,000 | 154 ALLENDALE AVENUE |
18 Aug 2023 | £147,663 | £145,000 | 2 ROKER CLOSE |
4 Aug 2023 | £136,461 | £134,000 | 2 BANKWOOD CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 23 Aug 2018. Using an estimated price of £127,123 means this house is valued at £2,017 per sq meter (£187 per sq foot).
The average size of a house on SEATON CRESCENT is 68 sq meters (738 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bankwood Close |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bankwood Close |
Jul 2024 | Burglary | Under investigation | On or near Bankwood Close |
Jul 2024 | Other theft | Under investigation | On or near Bankwood Close |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bankwood Close |