£213,504
This estimated value is based upon the latest sale price for the house of £120,000 on 6 Mar 2006. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 6 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
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 March 2006 the House Price Index for NOTTINGHAMSHIRE was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £120,000 results in an estimated price of approximately £213,504.
| 6 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £120,000 | £93,504 | £213,504 |
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 | 24.229 % | £29,075 | £149,075 |
| 3 Month Average | 64.325 % | £77,190 | £197,190 |
| 6 Month Average | 62.004 % | £74,405 | £194,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £515,335 | £499,500 | 14 KINGS LODGE DRIVE |
| 18 Oct 2023 | £226,136 | £221,000 | 22 HERMITAGE LANE |
| 12 Sep 2023 | £485,707 | £475,000 | 12 KINGS LODGE DRIVE |
| 24 Feb 2023 | £181,210 | £180,000 | 16 MILLERSDALE AVENUE |
| 17 Aug 2022 | £216,010 | £215,000 | 19 MILL COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Kings Mill Way | |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hermitage Way |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hermitage Way |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Hermitage Way |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Hermitage Way |