£212,140
This estimated value is based upon the latest sale price for the house of £172,000 on 30 Jul 2019. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,000 | 30 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 July 2019 the House Price Index for NOTTINGHAMSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £172,000 results in an estimated price of approximately £212,140.
| 30 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £172,000 | £40,140 | £212,140 |
The Postcode Pricing Model uses changes in average sales price within the NG17 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 | 37.963 % | £65,295 | £237,295 |
| 3 Month Average | 20.770 % | £35,724 | £207,724 |
| 6 Month Average | 24.219 % | £41,657 | £213,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £437,658 | £430,000 | THE GLENS, 36 QUARRYDALE AVENUE |
| 28 Apr 2023 | £216,835 | £214,500 | 22 QUARRYDALE AVENUE |
| 6 Mar 2023 | £131,236 | £130,000 | 30 VERE AVENUE |
| 13 Feb 2023 | £162,391 | £162,500 | 182 STONEYFORD ROAD |
| 24 Jun 2022 | £182,580 | £180,000 | 21 GREENBANK DRIVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 7 Sep 2018. Using an estimated price of £212,140 means this house is valued at £1,928 per sq meter (£179 per sq foot).
The average size of a house on VERE AVENUE is 90 sq meters (979 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Vere Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Vere Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Vere Avenue |
| Feb 2024 | Anti-social behaviour | On or near Vere Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Vere Avenue |