£689,770
This estimated value is based upon the latest sale price for the house of £475,000 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £475,000 | 5 Jun 2015 |
| £342,500 | 26 Jul 2002 |
| 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 June 2015 the House Price Index for NOTTINGHAMSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £475,000 results in an estimated price of approximately £689,770.
| 5 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £475,000 | £214,770 | £689,770 |
The Postcode Pricing Model uses changes in average sales price within the LE12 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 | 31.819 % | £151,140 | £626,140 |
| 3 Month Average | 30.822 % | £146,403 | £621,403 |
| 6 Month Average | 36.074 % | £171,351 | £646,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £318,065 | £312,500 | 2 CAMPION CRESCENT |
| 22 Sep 2023 | £306,418 | £302,500 | 8 COWSLIP CLOSE |
| 18 Aug 2023 | £310,214 | £307,500 | 1 COSTOCK ROAD |
| 27 Apr 2023 | £363,918 | £360,000 | 14 CORNFLOWER WAY |
| 16 Sep 2022 | £247,997 | £250,000 | 5 BRICKLEY CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Costock Road |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area |