£563,457
This estimated value is based upon the latest sale price for the house of £375,000 on 22 Dec 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 22 Dec 2014 |
| £225,000 | 20 Dec 2002 |
| 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 December 2014 the House Price Index for NOTTINGHAMSHIRE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £375,000 results in an estimated price of approximately £563,457.
| 22 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £375,000 | £188,457 | £563,457 |
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 | 31.348 % | £117,556 | £492,556 |
| 3 Month Average | 43.586 % | £163,445 | £538,445 |
| 6 Month Average | 47.447 % | £177,924 | £552,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £582,848 | £570,000 | 138A BROWNS LANE |
| 20 Jun 2023 | £918,405 | £900,000 | 126 MELTON ROAD |
| 5 Apr 2023 | £222,665 | £218,500 | BRIDGFORD HOUSE OLD MELTON ROAD |
| 18 Feb 2022 | £591,616 | £560,000 | ROSEDENE THE FOSSE |
| 8 Feb 2022 | £850,448 | £805,000 | 202 MELTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near West End |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Melton Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Melton Road |
| 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 |