£218,238
This estimated value is based upon the latest sale price for the house of £125,000 on 3 Jun 2011. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£125,000 | 3 Jun 2011 |
£91,000 | 25 Jul 2003 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 948 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 2011 the House Price Index for NOTTINGHAMSHIRE was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £125,000 results in an estimated price of approximately £218,238.
3 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 149.7 | 74.591 % | £125,000 | £93,238 | £218,238 |
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 | 19.289 % | £24,111 | £149,111 |
3 Month Average | 62.764 % | £78,454 | £203,454 |
6 Month Average | 64.419 % | £80,523 | £205,523 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £348,199 | £337,500 | 6 VALLEY VIEW |
21 Sep 2023 | £283,755 | £277,500 | 14 NORBURY DRIVE |
30 Aug 2023 | £268,849 | £264,000 | 12 JENNY BECKETTS LANE |
8 Apr 2022 | £235,495 | £227,000 | 33 NORBURY DRIVE |
8 Apr 2022 | £300,852 | £290,000 | 32 VALE CLOSE |
This house has a floor area of 88 sq meters or 948 sq feet when measured on 14 Mar 2011. Using an estimated price of £218,238 means this house is valued at £2,476 per sq meter (£230 per sq foot).
The average size of a house on NORBURY DRIVE is 90 sq meters (976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norbury Drive |
Jul 2024 | Anti-social behaviour | On or near Mendip Close | |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Rutherford Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Black Scotch Close |
Jul 2024 | Other theft | Under investigation | On or near Black Scotch Close |