£155,559
This estimated value is based upon the latest sale price for the house of £120,000 on 2 May 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 2 May 2017 |
| £53,000 | 15 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 May 2017 the House Price Index for NOTTINGHAMSHIRE was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £120,000 results in an estimated price of approximately £155,559.
| 2 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £120,000 | £35,559 | £155,559 |
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 | 21.791 % | £26,149 | £146,149 |
| 3 Month Average | 39.221 % | £47,065 | £167,065 |
| 6 Month Average | 41.346 % | £49,614 | £169,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £377,566 | £370,000 | 82 OAK TREE LANE |
| 21 Apr 2023 | £383,931 | £376,750 | 72 OAK TREE LANE |
| 29 Jul 2022 | £424,251 | £420,000 | BROADOAKS, 15 OAK TREE LANE |
| 15 Nov 2021 | £381,332 | £350,000 | 96 OAK TREE LANE |
| 20 Sep 2021 | £208,429 | £192,000 | 41 RAYLAWN STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 3 Feb 2017. Using an estimated price of £155,559 means this house is valued at £2,254 per sq meter (£209 per sq foot).
The average size of a house on OAK TREE LANE is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A6117 |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near A6117 |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathland Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cotswold Grove |