£278,673
This estimated value is based upon the latest sale price for the house of £217,500 on 21 Jun 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £217,500 | 21 Jun 2017 |
| £160,000 | 4 Jul 2014 |
| £64,000 | 7 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 June 2017 the House Price Index for NOTTINGHAMSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £217,500 results in an estimated price of approximately £278,673.
| 21 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £217,500 | £61,173 | £278,673 |
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 | -12.232 % | £-26,604 | £190,895 |
| 3 Month Average | 4.388 % | £9,544 | £227,044 |
| 6 Month Average | 11.687 % | £25,419 | £242,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £233,456 | £230,000 | 19 WELHAM GROVE |
| 29 Sep 2023 | £255,770 | £252,500 | 21 WELHAM GROVE |
| 28 Apr 2023 | £200,155 | £198,000 | 49 WELHAM GROVE |
| 11 Jan 2023 | £258,781 | £260,000 | 24 BRIXWORTH WAY |
| 12 Aug 2022 | £438,819 | £440,000 | 62 WELHAM ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 21 Oct 2013. Using an estimated price of £278,673 means this house is valued at £1,976 per sq meter (£183 per sq foot).
The average size of a house on BRIXWORTH WAY is 120 sq meters (1,296 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brixworth Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brixworth Way |
| Feb 2024 | Anti-social behaviour | On or near Brixworth Way | |
| Feb 2024 | Anti-social behaviour | On or near Brixworth Way | |
| Feb 2024 | Anti-social behaviour | On or near Brixworth Way |