£199,032
This estimated value is based upon the latest sale price for the house of £149,950 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£149,950 | 18 Nov 2016 |
£122,700 | 28 Apr 2006 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 November 2016 the House Price Index for NOTTINGHAMSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £149,950 results in an estimated price of approximately £199,032.
18 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £149,950 | £49,082 | £199,032 |
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 | 12.181 % | £18,264 | £168,214 |
3 Month Average | 40.235 % | £60,333 | £210,283 |
6 Month Average | 28.919 % | £43,363 | £193,313 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £209,822 | £208,000 | 36 OAK TREE LANE |
8 Dec 2023 | £464,266 | £450,000 | 15 STAINSBY DRIVE |
13 Feb 2023 | £392,623 | £390,000 | SHERWOOD, 5 OAK TREE LANE |
18 Oct 2022 | £844,180 | £847,000 | 19 OAK TREE LANE |
12 Aug 2022 | £215,005 | £214,000 | 16 CARISBROOKE AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 8 Apr 2016. Using an estimated price of £199,033 means this house is valued at £1,672 per sq meter (£155 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 | Public order | Unable to prosecute suspect | On or near Carisbrook Avenue |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Carisbrook Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bradforth Avenue |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Charnwood Grove |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Moorland Way |