£574,450
This estimated value is based upon the latest sale price for the house of £335,000 on 27 Jul 2012. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 27 Jul 2012 |
| £112,000 | 31 Jul 1998 |
| 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 July 2012 the House Price Index for NOTTINGHAMSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £335,000 results in an estimated price of approximately £574,450.
| 27 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £335,000 | £239,450 | £574,450 |
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 | 32.053 % | £107,377 | £442,377 |
| 3 Month Average | 48.812 % | £163,519 | £498,519 |
| 6 Month Average | 53.185 % | £178,169 | £513,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £512 | £501 | 20 PARK AVENUE |
| 15 Sep 2023 | £245,410 | £240,000 | FLAT 2 FAIRVIEW, 20 PARK AVENUE |
| 15 Mar 2023 | £528,832 | £520,000 | 14 PARK AVENUE |
| 26 Jan 2023 | £506,353 | £505,000 | LOCHABER, 8 POPLARS CLOSE |
| 21 Nov 2022 | £283,674 | £285,000 | 12 ROSE GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Armstrong Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |
| Jul 2024 | Drugs | Under investigation | On or near Armstrong Road |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Armstrong Road |
| Jun 2024 | Public order | Local resolution | On or near Armstrong Road |