£545,274
This estimated value is based upon the latest sale price for the house of £535,000 on 11 May 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £535,000 | 11 May 2022 |
| £245,000 | 1 Apr 2003 |
| 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 May 2022 the House Price Index for NOTTINGHAMSHIRE was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £535,000 results in an estimated price of approximately £545,274.
| 11 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £535,000 | £10,274 | £545,274 |
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 | 52.173 % | £279,127 | £814,127 |
| 3 Month Average | -12.460 % | £-66,659 | £468,340 |
| 6 Month Average | 6.195 % | £33,142 | £568,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £222,849 | £220,000 | 6 MARNHAM ROAD |
| 4 Sep 2023 | £116,489 | £115,000 | 149 LINCOLN ROAD |
| 18 Aug 2023 | £363,177 | £360,000 | MERRYFIELD BARN MARNHAM ROAD |
| 25 May 2022 | £392,394 | £385,000 | THE STABLES MARNHAM ROAD |
| 11 May 2022 | £545,274 | £535,000 | MERRYFIELD FARMHOUSE MARNHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marnham Road |
| Mar 2024 | Public order | Under investigation | On or near Marnham Road |
| Feb 2024 | Anti-social behaviour | On or near Marnham Road | |
| Feb 2024 | Anti-social behaviour | On or near Marnham Road | |
| Feb 2024 | Anti-social behaviour | On or near Marnham Road |