£274,863
This estimated value is based upon the latest sale price for the house of £165,000 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£165,000 | 30 Aug 2013 |
£92,000 | 18 Jan 2002 |
Detached |
Freehold |
Floor Area: 135 sq meters or 1,458 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 August 2013 the House Price Index for NOTTINGHAMSHIRE was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £165,000 results in an estimated price of approximately £274,863.
30 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 149.7 | 66.584 % | £165,000 | £109,863 | £274,863 |
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 | 23.342 % | £38,513 | £203,513 |
3 Month Average | 51.310 % | £84,661 | £249,661 |
6 Month Average | 59.522 % | £98,211 | £263,211 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £122,773 | £119,000 | 7 GRANGE AVENUE |
27 Oct 2023 | £260,926 | £255,000 | 2 WESTERN AVENUE |
6 Oct 2023 | £230,741 | £225,500 | 23 WESTERN AVENUE |
21 Apr 2023 | £280,242 | £275,000 | 1 WESTERN AVENUE |
31 Mar 2023 | £305,095 | £300,000 | 19 WASHINGTON DRIVE |
This house has a floor area of 135 sq meters or 1,458 sq feet when measured on 11 Feb 2010. Using an estimated price of £274,864 means this house is valued at £2,027 per sq meter (£188 per sq foot).
The average size of a house on SHEEPBRIDGE LANE is 119 sq meters (1,285 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jadella Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Sutton Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sutton Road |
Jul 2024 | Anti-social behaviour | On or near Sutton Road | |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Sutton Road |