£3,011,083
This estimated value is based upon the latest sale price for the house of £495,000 on 26 Oct 2023. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £495,000 | 26 Oct 2023 |
| £321,000 | 19 Aug 2014 |
| £208,000 | 19 Dec 2001 |
| Detached |
| Freehold |
| Floor Area: 208 sq meters or 2,238 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 October 2023 the House Price Index for NOTTINGHAMSHIRE was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £495,000 results in an estimated price of approximately £3,011,083.
| 26 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £495,000 | £2,516,083 | £3,011,083 |
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 | -35.207 % | £-174,273 | £320,726 |
| 3 Month Average | -6.515 % | £-32,248 | £462,751 |
| 6 Month Average | -1.371 % | £-6,784 | £488,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £81,425 | £80,000 | 94 BIGSBY ROAD |
| 24 Feb 2023 | £199,866 | £200,000 | 54 BIGSBY ROAD |
| 3 Feb 2023 | £369,751 | £370,000 | 42 ST SAVIOURS CLOSE |
| 11 Nov 2022 | £256,888 | £260,000 | 30 ST SAVIOURS CLOSE |
| 12 Aug 2022 | £438,819 | £440,000 | 62 WELHAM ROAD |
This house has a floor area of 208 sq meters or 2,238 sq feet when measured on 12 Apr 2013.
The average size of a house on PARK MEWS is 255 sq meters (2,752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near St Saviour'S Close |
| Mar 2024 | Drugs | Offender given a caution | On or near St Saviour'S Close |
| Mar 2024 | Anti-social behaviour | On or near Welham Grove | |
| Mar 2024 | Anti-social behaviour | On or near Welham Grove | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welham Grove |