£298,691
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Nov 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £240,000 | 24 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in November 2017 the House Price Index for CITY OF NOTTINGHAM was 117.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.455%.Applying this 24.455% change to the original purchase price of £240,000 results in an estimated price of approximately £298,691.
| 24 Nov 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 146.7 | 24.455 % | £240,000 | £58,691 | £298,691 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | 40.747 % | £97,792 | £337,792 |
| 3 Month Average | 51.379 % | £123,308 | £363,308 |
| 6 Month Average | 32.375 % | £77,700 | £317,700 |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 21 Feb 2018.
The average size of a house on RANELAGH GROVE is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hollinwell Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ranelagh Grove |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ranelagh Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glade Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glade Avenue |