£130,312
This estimated value is based upon the latest sale price for the house of £105,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £105,000 | 15 Dec 2017 |
| £77,000 | 16 Mar 2007 |
| £77,500 | 19 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 December 2017 the House Price Index for CITY OF NOTTINGHAM was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £105,000 results in an estimated price of approximately £130,312.
| 15 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £105,000 | £25,312 | £130,312 |
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 | 40.369 % | £42,387 | £147,387 |
| 3 Month Average | 51.853 % | £54,445 | £159,445 |
| 6 Month Average | 34.943 % | £36,690 | £141,690 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 6 Jul 2012.
The average size of a house on BANKWOOD CLOSE is 73 sq meters (788 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bankwood Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bankwood Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bankwood Close |
| Mar 2024 | Drugs | Formal action is not in the public interest | On or near Bankwood Close |
| Mar 2024 | Other crime | Under investigation | On or near Bankwood Close |