£314,499
This estimated value is based upon the latest sale price for the house of £66,500 on 26 Jun 1998. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£66,500 | 26 Jun 1998 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,255 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 1998 the House Price Index for NOTTINGHAMSHIRE was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £66,500 results in an estimated price of approximately £314,499.
26 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 149.7 | 372.931 % | £66,500 | £247,999 | £314,499 |
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 | 216.353 % | £143,874 | £210,374 |
3 Month Average | 317.572 % | £211,185 | £277,685 |
6 Month Average | 326.096 % | £216,853 | £283,353 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £266,772 | £260,000 | 37 WINGFIELD ROAD |
6 Jun 2023 | £306,135 | £300,000 | 15 WHARFEDALE GARDENS |
21 Feb 2023 | £375,508 | £373,000 | 11 BRIAR LANE |
5 Oct 2021 | £395,707 | £355,000 | 9 WINGFIELD ROAD |
28 Sep 2021 | £407,088 | £375,000 | 25 BRIAR LANE |
This house has a floor area of 116 sq meters or 1,255 sq feet when measured on 3 Jul 2010. Using an estimated price of £314,499 means this house is valued at £2,695 per sq meter (£250 per sq foot).
The average size of a house on WINGFIELD ROAD is 123 sq meters (1,334 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Under investigation | On or near Dorset Way |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Ley Bank |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Loxley Drive |