£244,569
This estimated value is based upon the latest sale price for the house of £231,500 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £231,500 | 11 Feb 2022 |
| £128,000 | 12 May 2003 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 February 2022 the House Price Index for NOTTINGHAMSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £231,500 results in an estimated price of approximately £244,569.
| 11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £231,500 | £13,069 | £244,569 |
The Postcode Pricing Model uses changes in average sales price within the DN22 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 | -41.158 % | £-95,280 | £136,219 |
| 3 Month Average | -18.081 % | £-41,856 | £189,643 |
| 6 Month Average | -8.875 % | £-20,546 | £210,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £358,110 | £355,000 | 2 RECTORS GATE |
| 28 Nov 2023 | £289,858 | £282,500 | 32 HEATHFIELD GARDENS |
| 16 Oct 2023 | £230,229 | £225,000 | 46 RECTORS GATE |
| 27 May 2022 | £329,073 | £320,500 | 40 HEATHFIELD GARDENS |
| 27 May 2022 | £436,368 | £425,000 | 40 RECTORS GATE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 Aug 2021. Using an estimated price of £244,570 means this house is valued at £3,135 per sq meter (£291 per sq foot).
The average size of a house on HEATHFIELD GARDENS is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rectors Gate |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hallcroft Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hallcroft Avenue |
| May 2024 | Other theft | Under investigation | On or near St Michael'S Green |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birchcroft Road |