£126,759
This estimated value is based upon the latest sale price for the house of £80,000 on 12 Dec 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 |
|---|---|
| £80,000 | 12 Dec 2013 |
| £89,000 | 19 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2013 the House Price Index for CITY OF NOTTINGHAM was 92.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.450%.Applying this 58.450% change to the original purchase price of £80,000 results in an estimated price of approximately £126,759.
| 12 Dec 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 146.7 | 58.450 % | £80,000 | £46,759 | £126,759 |
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 | 100.518 % | £80,414 | £160,414 |
| 3 Month Average | 97.877 % | £78,301 | £158,301 |
| 6 Month Average | 83.496 % | £66,796 | £146,796 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 1 Oct 2014.
The average size of a house on MARCHWOOD CLOSE is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marchwood Close |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Marchwood Close |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Marchwood Close |
| Mar 2024 | Anti-social behaviour | On or near Newland Close | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Newland Close |