£503,643
This estimated value is based upon the latest sale price for the house of £305,550 on 10 Oct 2013. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £305,550 | 10 Oct 2013 |
| £188,500 | 4 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 October 2013 the House Price Index for CITY OF NOTTINGHAM was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £305,550 results in an estimated price of approximately £503,643.
| 10 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £305,550 | £198,093 | £503,643 |
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 | 73.820 % | £225,556 | £531,106 |
| 3 Month Average | 75.689 % | £231,268 | £536,818 |
| 6 Month Average | 79.526 % | £242,993 | £548,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £317,000 | £317,000 | 28 CAXMERE DRIVE |
| 1 Sep 2023 | £434,580 | £425,000 | 100 TORVILL DRIVE |
| 28 Jun 2022 | £350,492 | £343,000 | 81 TORVILL DRIVE |
| 27 Apr 2022 | £469,952 | £453,000 | 1 FAR RYE |
| 8 Feb 2022 | £475,406 | £450,000 | 26 FAR RYE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 5 Apr 2013. Using an estimated price of £503,643 means this house is valued at £4,061 per sq meter (£377 per sq foot).
The average size of a house on FAR RYE is 129 sq meters (1,395 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Far Rye |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Far Rye |
| May 2024 | Violence and sexual offences | Under investigation | On or near Far Rye |
| Apr 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Far Rye |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wingate Close |