£198,729
This estimated value is based upon the latest sale price for the house of £115,000 on 14 Jan 2011. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£115,000 | 14 Jan 2011 |
Detached |
Freehold |
Floor Area: 85 sq meters or 923 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 January 2011 the House Price Index for NOTTINGHAMSHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £115,000 results in an estimated price of approximately £198,729.
14 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.808 % | £115,000 | £83,729 | £198,729 |
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 | 30.337 % | £34,887 | £149,887 |
3 Month Average | 69.042 % | £79,398 | £194,398 |
6 Month Average | 69.137 % | £79,507 | £194,507 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £337,935 | £335,000 | 5 BUDBY AVENUE |
8 Dec 2023 | £243,998 | £236,500 | 53 BUDBY AVENUE |
20 Oct 2023 | £199,532 | £195,000 | 65 LITTLE BARN LANE |
1 Sep 2023 | £181,501 | £177,500 | 74 LITTLE BARN LANE |
20 Jun 2023 | £244,908 | £240,000 | 68 BUDBY AVENUE |
This house has a floor area of 85 sq meters or 923 sq feet when measured on 1 Feb 2010. Using an estimated price of £198,730 means this house is valued at £2,315 per sq meter (£215 per sq foot).
The average size of a house on BUDBY AVENUE is 88 sq meters (957 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Budby Avenue |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Cornwall Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bennett Avenue |
Jul 2024 | Anti-social behaviour | On or near Barn Croft | |
Jul 2024 | Anti-social behaviour | On or near Barn Croft |