£252,644
This estimated value is based upon the latest sale price for the house of £167,500 on 5 Nov 2014. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £167,500 | 5 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 November 2014 the House Price Index for CITY OF NOTTINGHAM was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £167,500 results in an estimated price of approximately £252,644.
| 5 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £167,500 | £85,144 | £252,644 |
The Postcode Pricing Model uses changes in average sales price within the NG11 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 | 11.040 % | £18,491 | £185,991 |
| 3 Month Average | 33.403 % | £55,950 | £223,450 |
| 6 Month Average | 46.576 % | £78,015 | £245,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £314,837 | £310,000 | 24 THE DOWNS |
| 19 Dec 2023 | £285,781 | £277,000 | 23 GARSDALE DRIVE |
| 12 Dec 2023 | £324,986 | £315,000 | 1 MOSS SIDE |
| 16 Jun 2023 | £285,726 | £280,000 | 4 GARSDALE DRIVE |
| 12 Aug 2022 | £221,034 | £220,000 | 23 THE DOWNS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 13 Aug 2014. Using an estimated price of £252,645 means this house is valued at £3,324 per sq meter (£308 per sq foot).
The average size of a house on THE DOWNS is 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Spinney Way |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Chaceley Way |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Chaceley Way |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coton Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Barnfield |