£621,408
This estimated value is based upon the latest sale price for the house of £485,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£485,000 | 30 Jun 2017 |
£525,000 | 20 May 2010 |
£442,000 | 30 Jul 2004 |
£188,000 | 3 Nov 1998 |
£140,000 | 10 May 1996 |
Detached |
Freehold |
Floor Area: 197 sq meters or 2,120 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 June 2017 the House Price Index for NOTTINGHAMSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £485,000 results in an estimated price of approximately £621,408.
30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £485,000 | £136,408 | £621,408 |
The Postcode Pricing Model uses changes in average sales price within the S80 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 | -32.493 % | £-157,590 | £327,409 |
3 Month Average | 1.536 % | £7,447 | £492,447 |
6 Month Average | 22.485 % | £109,054 | £594,054 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £481,152 | £475,000 | 1 SCHOLARS PLACE |
30 Mar 2023 | £413,899 | £410,000 | ACORN HOUSE SPARKEN HILL |
24 Mar 2023 | £203,921 | £202,000 | 49 HENRY CLOSE |
28 Feb 2023 | £389,738 | £390,000 | 37 HENRY CLOSE |
1 Feb 2023 | £361,757 | £362,000 | 26 SCHOLARS PLACE |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 24 Apr 2017. Using an estimated price of £621,409 means this house is valued at £3,154 per sq meter (£293 per sq foot).
The average size of a house on SPARKEN HILL is 237 sq meters (2,557 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B6034 |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near B6034 |
Mar 2024 | Criminal damage and arson | Under investigation | On or near B6034 |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B6034 |
Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near B6034 |