£476,708
This estimated value is based upon the latest sale price for the house of £278,000 on 20 Jul 2012. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £278,000 | 20 Jul 2012 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,324 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 July 2012 the House Price Index for NOTTINGHAMSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £278,000 results in an estimated price of approximately £476,708.
| 20 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £278,000 | £198,708 | £476,708 |
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 | 4.775 % | £13,273 | £291,273 |
| 3 Month Average | 48.557 % | £134,988 | £412,988 |
| 6 Month Average | 68.877 % | £191,476 | £469,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £269,567 | £264,705 | 226 BERRY HILL LANE |
| 22 Mar 2023 | £193,227 | £190,000 | 49 WOODLAND DRIVE |
| 28 Feb 2023 | £176,177 | £175,000 | 26 WOODLAND DRIVE |
| 27 Oct 2022 | £565,611 | £567,500 | 11 PINEWOOD DRIVE |
| 9 Aug 2022 | £156,733 | £156,000 | 7 WOODLAND DRIVE |
This house has a floor area of 123 sq meters or 1,324 sq feet when measured on 8 Feb 2012. Using an estimated price of £476,709 means this house is valued at £3,874 per sq meter (£359 per sq foot).
The average size of a house on BLACK SCOTCH LANE is 123 sq meters (1,330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodland Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Black Scotch Close |
| Jul 2024 | Other theft | Under investigation | On or near Black Scotch Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Black Scotch Close |