£237,023
This estimated value is based upon the latest sale price for the house of £170,000 on 14 Dec 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Oakfield Avenue
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Price Paid | Date |
---|---|
£170,000 | 14 Dec 2015 |
£170,000 | 19 Sep 2014 |
£145,000 | 1 Nov 2011 |
£98,000 | 15 Aug 2003 |
Detached |
Freehold |
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 December 2015 the House Price Index for NOTTINGHAMSHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £170,000 results in an estimated price of approximately £237,023.
14 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £170,000 | £67,023 | £237,023 |
The Postcode Pricing Model uses changes in average sales price within the NG20 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 | 33.221 % | £56,475 | £226,475 |
3 Month Average | 36.949 % | £62,813 | £232,813 |
6 Month Average | 50.205 % | £85,348 | £255,348 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jun 2024 | £157,250 | £157,250 | 1 MORVEN TERRACE |
4 Jun 2024 | £140,000 | £140,000 | 9 MORVEN TERRACE |
25 Oct 2023 | £71,627 | £70,000 | 11A OAKFIELD LANE |
9 Jun 2023 | £127,556 | £125,000 | 4 RIDGEWAY LANE |
9 Mar 2022 | £156,590 | £150,000 | 29 BENTINCK TERRACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakfield Avenue |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakfield Avenue |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wellington Close |
May 2024 | Other crime | Investigation complete; no suspect identified | On or near Wellington Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Morven Terrace |