£204,352
This estimated value is based upon the latest sale price for the house of £120,000 on 7 Sep 2012. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 7 Sep 2012 |
| £40,000 | 5 Dec 1997 |
| 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 September 2012 the House Price Index for NOTTINGHAMSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £120,000 results in an estimated price of approximately £204,352.
| 7 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £120,000 | £84,352 | £204,352 |
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 | 115.528 % | £138,633 | £258,633 |
| 3 Month Average | 64.874 % | £77,848 | £197,848 |
| 6 Month Average | 58.299 % | £69,959 | £189,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £266,330 | £264,000 | 12 JENNY BECKETTS LANE |
| 24 Mar 2023 | £545,136 | £540,000 | 45 JENNY BECKETTS LANE |
| 9 May 2022 | £321,049 | £315,000 | 10 FARADAY ROAD |
| 29 Apr 2022 | £236,854 | £230,000 | 5 FARADAY ROAD |
| 11 Apr 2022 | £262,599 | £255,000 | 9 FARADAY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Faraday Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Faraday Road |
| Feb 2024 | Anti-social behaviour | On or near Cockle Close | |
| Feb 2024 | Anti-social behaviour | On or near Cockle Close | |
| Feb 2024 | Anti-social behaviour | On or near Cockle Close |