£415,010
This estimated value is based upon the latest sale price for the house of £270,000 on 16 Jun 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 16 Jun 2014 |
| £215,000 | 1 May 2012 |
| £82,000 | 7 Jul 1997 |
| 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 June 2014 the House Price Index for NOTTINGHAMSHIRE was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £270,000 results in an estimated price of approximately £415,010.
| 16 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £270,000 | £145,010 | £415,010 |
The Postcode Pricing Model uses changes in average sales price within the NG14 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 | 46.149 % | £124,602 | £394,602 |
| 3 Month Average | 78.441 % | £211,791 | £481,791 |
| 6 Month Average | 93.090 % | £251,341 | £521,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £458,014 | £450,000 | 2 THE RIDINGS |
| 22 Nov 2023 | £456,762 | £450,000 | IVY COTTAGE OLD MAIN ROAD |
| 22 Nov 2023 | £1,395,663 | £1,375,000 | ORCHARD HOUSE OLD MAIN ROAD |
| 10 Nov 2023 | £862,773 | £850,000 | 5 WELLINGTON ROAD |
| 25 Sep 2023 | £331,742 | £327,500 | BRENDON OLD MAIN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Farnsfield Avenue |
| Jan 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Farnsfield Avenue |
| Jan 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Hillside Drive |
| Feb 2024 | Anti-social behaviour | On or near Orchard Close | |
| Feb 2024 | Anti-social behaviour | On or near Orchard Close |