£482,462
This estimated value is based upon the latest sale price for the house of £385,000 on 10 Jun 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £385,000 | 10 Jun 2018 |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 June 2018 the House Price Index for NOTTINGHAMSHIRE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £385,000 results in an estimated price of approximately £482,462.
| 10 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £385,000 | £97,462 | £482,462 |
The Postcode Pricing Model uses changes in average sales price within the DN22 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 | 0.828 % | £3,186 | £388,186 |
| 3 Month Average | -5.704 % | £-21,960 | £363,039 |
| 6 Month Average | 10.451 % | £40,238 | £425,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £235,990 | £230,000 | 19 WELHAM GROVE |
| 16 Aug 2023 | £114,057 | £112,000 | 17 STRAWBERRY ROAD |
| 20 Jun 2023 | £187,763 | £184,000 | 27 AVON RISE |
| 16 Jun 2023 | £306,135 | £300,000 | 85 GROVE LANE |
| 6 Jun 2023 | £190,824 | £187,000 | 4 CHESTERFIELD DRIVE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 10 Nov 2017. Using an estimated price of £482,463 means this house is valued at £3,740 per sq meter (£347 per sq foot).
The average size of a house on GROVE LANE is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Awaiting court outcome | On or near Blackstope Lane |
| Jul 2024 | Anti-social behaviour | On or near New Place | |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near New Place |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Lane |