£396,560
This estimated value is based upon the latest sale price for the house of £259,950 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £259,950 | 29 Aug 2014 |
| £210,000 | 21 Jul 2010 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,608 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 August 2014 the House Price Index for NOTTINGHAMSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £259,950 results in an estimated price of approximately £396,560.
| 29 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £259,950 | £136,610 | £396,560 |
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 | 7.376 % | £19,173 | £279,123 |
| 3 Month Average | 49.387 % | £128,382 | £388,332 |
| 6 Month Average | 65.918 % | £171,353 | £431,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £416,398 | £410,000 | 8 CHESTNUT DRIVE |
| 11 Aug 2023 | £349,809 | £343,500 | 20 PARKLAND CLOSE |
| 4 Aug 2023 | £504,092 | £495,000 | 35 HIGHLAND ROAD |
| 28 Oct 2022 | £199,334 | £200,000 | 16 CHESTNUT MEWS |
| 2 Sep 2022 | £546,635 | £547,000 | 10 PARKLAND CLOSE |
This house has a floor area of 149 sq meters or 1,608 sq feet when measured on 10 Mar 2010. Using an estimated price of £396,561 means this house is valued at £2,652 per sq meter (£246 per sq foot).
The average size of a house on PARKLAND CLOSE is 157 sq meters (1,690 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkland Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Mews |
| Jul 2024 | Anti-social behaviour | On or near Southgreen Hill | |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Neptune Way |
| Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area |