£355,062
This estimated value is based upon the latest sale price for the house of £285,000 on 25 Apr 2019. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 25 Apr 2019 |
| £210,000 | 26 Oct 2006 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,153 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 April 2019 the House Price Index for NOTTINGHAMSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £285,000 results in an estimated price of approximately £355,062.
| 25 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £285,000 | £70,062 | £355,062 |
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 | -12.110 % | £-34,512 | £250,487 |
| 3 Month Average | 19.808 % | £56,451 | £341,451 |
| 6 Month Average | 25.045 % | £71,377 | £356,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £255,810 | £250,000 | 44 DORCHESTER DRIVE |
| 26 Oct 2022 | £377,240 | £378,500 | 28 DORCHESTER DRIVE |
| 5 Jul 2022 | £373,745 | £370,000 | 53 LICHFIELD LANE |
| 29 Apr 2022 | £274,917 | £265,000 | 22 DORCHESTER DRIVE |
| 29 Apr 2022 | £259,355 | £250,000 | 21 DORCHESTER DRIVE |
This house has a floor area of 107 sq meters or 1,153 sq feet when measured on 2 Mar 2012. Using an estimated price of £355,063 means this house is valued at £3,312 per sq meter (£307 per sq foot).
The average size of a house on LANSDOWNE AVENUE is 109 sq meters (1,176 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beverley Drive |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dorchester Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near South Ridge Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Mews |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Florin Way |