£110,260
This estimated value is based upon the latest sale price for the house of £104,000 on 6 Jan 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£104,000 | 6 Jan 2022 |
£86,000 | 4 May 2007 |
£78,000 | 24 Jun 2005 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 January 2022 the House Price Index for NOTTINGHAMSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £104,000 results in an estimated price of approximately £110,260.
6 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £104,000 | £6,260 | £110,260 |
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 | 11.478 % | £11,937 | £115,937 |
3 Month Average | -14.947 % | £-15,545 | £88,454 |
6 Month Average | -4.921 % | £-5,117 | £98,882 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £123,125 | £120,000 | 30 HUMBER STREET |
20 Jan 2023 | £250,670 | £250,000 | 51 GROVE LANE |
25 Aug 2022 | £124,080 | £123,500 | 22 NELSON STREET |
11 Aug 2022 | £115,540 | £115,000 | 17 NELSON STREET |
1 Aug 2022 | £113,029 | £112,500 | 48 NELSON STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 13 Sep 2021. Using an estimated price of £110,261 means this house is valued at £1,378 per sq meter (£128 per sq foot).
The average size of a house on GROVE LANE is 105 sq meters (1,130 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Humber Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Street |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Bescoby Street |
May 2024 | Bicycle theft | Unable to prosecute suspect | On or near Bescoby Street |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bescoby Street |