£63,744
This estimated value is based upon the latest sale price for the house of £50,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 14 Jul 2017 |
| £34,000 | 11 Sep 2002 |
| £25,500 | 10 Nov 2000 |
| £22,750 | 1 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2017 the House Price Index for NOTTINGHAMSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £50,000 results in an estimated price of approximately £63,744.
| 14 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £50,000 | £13,744 | £63,744 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | -52.027 % | £-26,013 | £23,986 |
| 3 Month Average | 10.174 % | £5,087 | £55,087 |
| 6 Month Average | 32.224 % | £16,111 | £66,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £172,555 | £170,000 | 40 ROCK HILL |
| 4 Jul 2023 | £115,555 | £114,000 | 17 BROXTOWE DRIVE |
| 19 Jun 2023 | £151,839 | £150,000 | 36 MOUNTVIEW CLOSE |
| 9 Jun 2023 | £202,452 | £200,000 | 24 PROSPECT STREET |
| 31 Mar 2023 | £136,284 | £135,000 | 12 MOUNTVIEW CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 6 Dec 2021. Using an estimated price of £63,744 means this house is valued at £849 per sq meter (£78 per sq foot).
The average size of a house on PROSPECT STREET is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Prospect Street |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Rock Hill Gardens |
| Feb 2024 | Anti-social behaviour | On or near Rock Hill Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Rock Hill Gardens | |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Rock Hill Gardens |