£611,404
This estimated value is based upon the latest sale price for the house of £492,500 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £492,500 | 12 Oct 2018 |
| £212,000 | 10 Dec 2010 |
| £275,000 | 5 Dec 2006 |
| £117,500 | 24 Nov 1999 |
| £67,000 | 11 Sep 1995 |
| Detached |
| Freehold |
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 October 2018 the House Price Index for NOTTINGHAMSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £492,500 results in an estimated price of approximately £611,404.
| 12 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £492,500 | £118,904 | £611,404 |
The Postcode Pricing Model uses changes in average sales price within the NG12 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 | -15.930 % | £-78,453 | £414,046 |
| 3 Month Average | 6.773 % | £33,359 | £525,859 |
| 6 Month Average | 7.714 % | £37,989 | £530,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £268,340 | £263,500 | 21 PINFOLD LANE |
| 3 Aug 2023 | £539,735 | £530,000 | 48 MAIN STREET |
| 30 Jun 2023 | £500,020 | £490,000 | 7 BROOK DRIVE |
| 2 Mar 2023 | £586,800 | £577,000 | 7 MEADOW WAY |
| 12 Aug 2022 | £552,584 | £550,000 | 11 MEADOW WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gainsborough Close |
| Jul 2024 | Other crime | Under investigation | On or near West End |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Owthorpe Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Melton Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Old Melton Road |