£291,673
This estimated value is based upon the latest sale price for the house of £225,000 on 11 May 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 11 May 2017 |
| £216,000 | 30 May 2014 |
| £195,000 | 7 Apr 2006 |
| £206,000 | 11 Jun 2004 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 May 2017 the House Price Index for NOTTINGHAMSHIRE was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £225,000 results in an estimated price of approximately £291,673.
| 11 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £225,000 | £66,673 | £291,673 |
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 | 21.791 % | £49,030 | £274,030 |
| 3 Month Average | 39.221 % | £88,247 | £313,247 |
| 6 Month Average | 41.346 % | £93,027 | £318,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £322,803 | £320,000 | 55 ROBIN DOWN LANE |
| 16 Nov 2023 | £690,015 | £672,500 | 51 ROBIN DOWN LANE |
| 20 Oct 2023 | £327,437 | £320,000 | 11 LICHFIELD LANE |
| 29 Sep 2023 | £705,553 | £690,000 | 49 ROBIN DOWN LANE |
| 15 Sep 2023 | £244,387 | £239,000 | 16 LICHFIELD AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 21 Jun 2013. Using an estimated price of £291,674 means this house is valued at £2,604 per sq meter (£241 per sq foot).
The average size of a house on ROBIN DOWN LANE is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Robin Down Lane |
| Jul 2024 | Anti-social behaviour | On or near Lichfield Close | |
| May 2024 | Violence and sexual offences | Local resolution | On or near Lichfield Close |
| May 2024 | Violence and sexual offences | Local resolution | On or near Lichfield Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lichfield Close |