£239,789
This estimated value is based upon the latest sale price for the house of £185,000 on 16 Mar 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 16 Mar 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 2017 the House Price Index for NOTTINGHAMSHIRE was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £185,000 results in an estimated price of approximately £239,789.
| 16 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £185,000 | £54,789 | £239,789 |
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 | 61.287 % | £113,381 | £298,381 |
| 3 Month Average | 61.995 % | £114,691 | £299,691 |
| 6 Month Average | 34.900 % | £64,564 | £249,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £228,381 | £225,000 | 4 TERRACE ROAD |
| 25 Sep 2023 | £281,601 | £278,000 | 1 SHIRBURN AVENUE |
| 21 Jul 2023 | £182,456 | £180,000 | 20 WATSON AVENUE |
| 4 Oct 2022 | £64,308 | £65,000 | 51 NURSERY STREET |
| 31 Aug 2022 | £249,329 | £250,000 | SPEEDY ASSET SERVICES ROCK VALLEY |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 7 Feb 2017. Using an estimated price of £239,789 means this house is valued at £1,577 per sq meter (£146 per sq foot).
The average size of a house on WATSON AVENUE is 189 sq meters (2,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Watson Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Terrace Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rufford Avenue |