£611,523
This estimated value is based upon the latest sale price for the house of £495,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Corkhill Lane
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| Price Paid | Date |
|---|---|
| £495,000 | 25 Oct 2019 |
| £414,500 | 21 Feb 2011 |
| £420,000 | 24 Oct 2005 |
| £249,000 | 9 Oct 2002 |
| Terraced |
| 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 2019 the House Price Index for NOTTINGHAMSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £495,000 results in an estimated price of approximately £611,523.
| 25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £495,000 | £116,523 | £611,523 |
The Postcode Pricing Model uses changes in average sales price within the NG22 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 | 11.715 % | £57,989 | £552,989 |
| 3 Month Average | 9.967 % | £49,337 | £544,337 |
| 6 Month Average | 12.750 % | £63,110 | £558,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £800,315 | £780,000 | WOODLANDS SOUTHWELL ROAD |
| 10 Jan 2023 | £300,804 | £300,000 | MILLFIELDS SOUTHWELL ROAD |
| 25 Nov 2022 | £263,767 | £265,000 | 17 STATION ROAD |
| 29 Jul 2022 | £909,109 | £900,000 | 2 HOME FARM LANE |
| 30 Mar 2022 | £344,498 | £330,000 | OLD SCHOOL BUNGALOW SCHOOL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Corkhill Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Corkhill Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Corkhill Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near Corkhill Lane |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Corkhill Lane |