£572,104
This estimated value is based upon the latest sale price for the house of £450,000 on 16 Oct 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 16 Oct 2017 |
| Detached |
| Freehold |
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 2017 the House Price Index for NOTTINGHAMSHIRE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £450,000 results in an estimated price of approximately £572,104.
| 16 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £450,000 | £122,104 | £572,104 |
The Postcode Pricing Model uses changes in average sales price within the NG12 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 | 0.500 % | £2,251 | £452,251 |
| 3 Month Average | 26.011 % | £117,050 | £567,050 |
| 6 Month Average | 24.679 % | £111,055 | £561,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £249,168 | £250,000 | 12 MILL LANE |
| 27 Apr 2022 | £492,775 | £475,000 | 10 MORKINSHIRE LANE |
| 22 Apr 2022 | £311,227 | £300,000 | 10 CHICHESTER DRIVE |
| 13 Apr 2022 | £496,925 | £479,000 | 6 THURMAN DRIVE |
| 5 Jan 2022 | £238,545 | £225,000 | 23 MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Vine Farm Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vine Farm Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vine Farm Close |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Vine Farm Close |
| Jul 2024 | Shoplifting | Offender given a caution | On or near Thurman Drive |