£796,628
This estimated value is based upon the latest sale price for the house of £325,950 on 28 Mar 2003. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,950 | 28 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 177 sq meters or 1,905 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 2003 the House Price Index for NOTTINGHAMSHIRE was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £325,950 results in an estimated price of approximately £796,628.
| 28 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 149.7 | 144.402 % | £325,950 | £470,678 | £796,628 |
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 | 131.151 % | £427,486 | £753,436 |
| 3 Month Average | 184.723 % | £602,103 | £928,053 |
| 6 Month Average | 172.797 % | £563,232 | £889,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £96,119 | £94,000 | 8 GORDON BRAE |
| 30 Jun 2023 | £186,742 | £183,000 | 64 ROBIN DOWN LANE |
| 12 Jun 2023 | £355,117 | £348,000 | 3 JOHNSON DRIVE |
| 31 Mar 2023 | £610,190 | £600,000 | 22 ROCKCLIFFE GRANGE |
| 8 Dec 2021 | £447,913 | £415,000 | 14 ROCKCLIFFE GRANGE |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 23 Apr 2012. Using an estimated price of £796,629 means this house is valued at £4,500 per sq meter (£418 per sq foot).
The average size of a house on THE OAKS is 253 sq meters (2,730 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jul 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |