£564,667
This estimated value is based upon the latest sale price for the house of £187,000 on 12 Mar 2002. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £187,000 | 12 Mar 2002 |
| £125,000 | 4 Mar 1999 |
| £37,350 | 18 Sep 1996 |
| £125,000 | 17 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 201 sq meters or 2,171 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 March 2002 the House Price Index for NOTTINGHAMSHIRE was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £187,000 results in an estimated price of approximately £564,667.
| 12 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 148.6 | 201.961 % | £187,000 | £377,667 | £564,667 |
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 | 216.084 % | £404,076 | £591,076 |
| 3 Month Average | 246.212 % | £460,416 | £647,416 |
| 6 Month Average | 227.488 % | £425,402 | £612,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £101,781 | £100,000 | 10 ROBIN DOWN COURT |
| 3 Nov 2023 | £274,057 | £270,000 | 409 NOTTINGHAM ROAD |
| 15 Sep 2023 | £242,095 | £239,000 | 16 LICHFIELD AVENUE |
| 11 Aug 2023 | £247,162 | £245,000 | 33 LICHFIELD AVENUE |
| 30 Jun 2023 | £185,244 | £183,000 | 64 ROBIN DOWN LANE |
This house has a floor area of 201 sq meters or 2,171 sq feet when measured on 27 Feb 2012. Using an estimated price of £564,668 means this house is valued at £2,799 per sq meter (£260 per sq foot).
The average size of a house on NOTTINGHAM ROAD is 137 sq meters (1,484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Lichfield Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lichfield Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lichfield Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Close |
| Feb 2024 | Other crime | Under investigation | On or near Orchard Close |