£162,061
This estimated value is based upon the latest sale price for the house of £95,000 on 1 Jul 2011. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £95,000 | 1 Jul 2011 |
| £41,000 | 18 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 849 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 July 2011 the House Price Index for CITY OF NOTTINGHAM was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.591%.Applying this 70.591% change to the original purchase price of £95,000 results in an estimated price of approximately £162,061.
| 1 Jul 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.591 % | £95,000 | £67,061 | £162,061 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 35.859 % | £34,065 | £129,065 |
| 3 Month Average | 63.896 % | £60,700 | £155,700 |
| 6 Month Average | 75.093 % | £71,338 | £166,338 |
This house has a floor area of 78 sq meters or 849 sq feet when measured on 4 Apr 2011.
There is one other house on the street which we know the size of, this is 4 FAIRLIGHT WAY it is 80.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Fairlight Way | |
| Mar 2024 | Anti-social behaviour | On or near Fairlight Way | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairlight Way |
| Dec 2023 | Drugs | Local resolution | On or near Fairlight Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairlight Way |