£564,762
This estimated value is based upon the latest sale price for the house of £545,000 on 29 Mar 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £545,000 | 29 Mar 2022 |
| £78,500 | 14 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 2022 the House Price Index for NOTTINGHAMSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £545,000 results in an estimated price of approximately £564,762.
| 29 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £545,000 | £19,762 | £564,762 |
The Postcode Pricing Model uses changes in average sales price within the NG25 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 | -60.203 % | £-328,106 | £216,893 |
| 3 Month Average | -20.747 % | £-113,072 | £431,927 |
| 6 Month Average | 6.147 % | £33,499 | £578,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £318,791 | £314,500 | 79 LOWER KIRKLINGTON ROAD |
| 28 Jun 2023 | £227,759 | £225,000 | 15 ARNOLD AVENUE |
| 9 Jun 2023 | £440,334 | £435,000 | 19 CRAFTS WAY |
| 10 Feb 2023 | £374,748 | £375,000 | 10 CAUDWELL CLOSE |
| 30 Mar 2022 | £277,718 | £268,000 | 10 ARNOLD AVENUE |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 25 Oct 2021. Using an estimated price of £564,763 means this house is valued at £3,004 per sq meter (£279 per sq foot).
The average size of a house on CRAFTS WAY is 155 sq meters (1,675 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Kirklington Road |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Lower Kirklington Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Arnold Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town Mill Close |
| Mar 2024 | Anti-social behaviour | On or near Leeway Road |