£277,935
This estimated value is based upon the latest sale price for the house of £225,000 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 28 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 February 2019 the House Price Index for NOTTINGHAMSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £225,000 results in an estimated price of approximately £277,935.
| 28 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £225,000 | £52,935 | £277,935 |
The Postcode Pricing Model uses changes in average sales price within the DN22 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 | -22.814 % | £-51,330 | £173,669 |
| 3 Month Average | 5.940 % | £13,365 | £238,365 |
| 6 Month Average | 3.929 % | £8,840 | £233,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £115,000 | £115,000 | 16 WILLOW HOLT |
| 24 Nov 2023 | £253,757 | £250,000 | 95 OLLERTON ROAD |
| 10 Nov 2023 | £111,653 | £110,000 | 137 OLLERTON ROAD |
| 30 Jun 2023 | £111,349 | £110,000 | 14 WILLOW HOLT |
| 28 Mar 2023 | £153,698 | £152,250 | 6 CHESTNUT AVENUE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 28 Mar 2018. Using an estimated price of £277,935 means this house is valued at £2,171 per sq meter (£201 per sq foot).
The average size of a house on OLLERTON ROAD is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Welbeck Road | |
| Feb 2024 | Anti-social behaviour | On or near Welbeck Road | |
| Feb 2024 | Anti-social behaviour | On or near Welbeck Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |