£179,187
This estimated value is based upon the latest sale price for the house of £147,500 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £147,500 | 23 Aug 2019 |
| £143,000 | 21 Jun 2007 |
| £47,000 | 17 Jul 1997 |
| £53,100 | 19 May 1995 |
| Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 August 2019 the House Price Index for NOTTINGHAMSHIRE was 120.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.483%.Applying this 21.483% change to the original purchase price of £147,500 results in an estimated price of approximately £179,187.
| 23 Aug 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 146.7 | 21.483 % | £147,500 | £31,687 | £179,187 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 38.096 % | £56,192 | £203,692 |
| 3 Month Average | 51.437 % | £75,869 | £223,369 |
| 6 Month Average | 34.488 % | £50,869 | £198,369 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 6 May 2016.
The average size of a house on BORMAN CLOSE is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Offender given a caution | On or near Barn Close |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Barn Close |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Conrad Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Conrad Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Young Close |