8, FREDA CLOSE, GEDLING, NOTTINGHAM, NG4 4GP - £67,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 FREDA CLOSE is a detached house, which could now be worth an estimated £249,060. It was last sold for £67,000 in August 2000, which was around 32% below the average August 2000 detached price in the Gedling local authority area.

8 FREDA CLOSE Sold Prices

Land registry data shows two sales for 8 FREDA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 8 FREDA CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2000 14 AUG	£67,000	£98,682	32% below HPI
1998 22 MAY	£59,500	£80,981	27% below HPI

What might 8 FREDA CLOSE be worth now?

8 FREDA CLOSE might now be worth an estimated £249,060.

This is based on house price inflation of 271.7%, between August 2000 and May 2026, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 271.7% inflationary increase is applied to the most recent sale price for 8 FREDA CLOSE of £67,000 on 14th August 2000. For the value to have increased from £67,000 to £249,060 over the 26 years and three months to May 2026, the following assumptions must hold true:

• The value of 8 FREDA CLOSE has moved in line with the HPI for detached houses in the Gedling local authority area.
• The August 2000 sale price of £67,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FREDA CLOSE has not materially changed since August 2000.

Where is 8 FREDA CLOSE?

8 FREDA CLOSE is located in GEDLING, in the NG4 postcode district.