£466,797
This estimated value is based upon the latest sale price for the house of £395,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £395,000 | 23 Oct 2020 |
| £337,950 | 14 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 2020 the House Price Index for NOTTINGHAMSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £395,000 results in an estimated price of approximately £466,797.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £395,000 | £71,797 | £466,797 |
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 | -22.243 % | £-87,858 | £307,141 |
| 3 Month Average | 4.946 % | £19,536 | £414,536 |
| 6 Month Average | 13.802 % | £54,517 | £449,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £96,119 | £94,000 | 8 GORDON BRAE |
| 12 Jun 2023 | £355,117 | £348,000 | 3 JOHNSON DRIVE |
| 31 Mar 2023 | £610,190 | £600,000 | 22 ROCKCLIFFE GRANGE |
| 8 Dec 2021 | £447,913 | £415,000 | 14 ROCKCLIFFE GRANGE |
| 5 Oct 2021 | £317,681 | £285,000 | 6 ST CHADS CLOSE |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 12 Nov 2018. Using an estimated price of £466,798 means this house is valued at £2,652 per sq meter (£246 per sq foot).
The average size of a house on THE OAKS is 253 sq meters (2,730 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |