£277,490
This estimated value is based upon the latest sale price for the house of £240,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 18 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 December 2020 the House Price Index for NOTTINGHAMSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £240,000 results in an estimated price of approximately £277,490.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £240,000 | £37,490 | £277,490 |
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 | -10.151 % | £-24,363 | £215,636 |
| 3 Month Average | -13.595 % | £-32,627 | £207,372 |
| 6 Month Average | -0.772 % | £-1,852 | £238,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £269,112 | £263,000 | 22 PALMER ROAD |
| 19 Sep 2023 | £327,213 | £320,000 | 4 WINSTON GROVE |
| 6 Jan 2023 | £340,911 | £340,000 | 7 CORNWALL ROAD |
| 21 Jun 2022 | £255,461 | £250,000 | 14 RICHMOND ROAD |
| 14 Feb 2022 | £225,659 | £213,600 | 34 RICHMOND ROAD |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 2 Jun 2020. Using an estimated price of £277,490 means this house is valued at £1,849 per sq meter (£171 per sq foot).
The average size of a house on PALMER ROAD is 103 sq meters (1,109 sq feet).
This house is the largest in the street with a floor area of 150 sq meters (1,614 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmer Road |
| May 2024 | Burglary | Unable to prosecute suspect | On or near Bigsby Road |
| Jul 2024 | Burglary | Under investigation | On or near Elmwood Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gerard Grove |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gerard Grove |