£282,251
This estimated value is based upon the latest sale price for the house of £275,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Wellcroft Close
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| Price Paid | Date |
|---|---|
| £275,000 | 21 Apr 2023 |
| £172,000 | 30 Jan 2017 |
| £125,000 | 6 Nov 2014 |
| £149,995 | 18 May 2007 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 April 2023 the House Price Index for NOTTINGHAMSHIRE was 98.6.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 2.637%.Applying this 2.637% change to the original purchase price of £275,000 results in an estimated price of approximately £282,251.
| 21 Apr 2023 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.6 | 101.2 | 2.637 % | £275,000 | £7,251 | £282,251 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | 20.427 % | £56,174 | £331,174 |
| 3 Month Average | 8.485 % | £23,333 | £298,333 |
| 6 Month Average | 8.463 % | £23,274 | £298,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2024 | £180,535 | £180,000 | 7 GRANGE AVENUE |
| 3 Nov 2023 | £300,697 | £290,000 | 3 WESTERN CLOSE |
| 21 Apr 2023 | £282,252 | £275,000 | 1 WESTERN AVENUE |
| 31 Mar 2023 | £307,599 | £300,000 | 19 WASHINGTON DRIVE |
| 20 Jan 2023 | £187,220 | £185,000 | 12 WESTERN AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 15 Jun 2015. Using an estimated price of £282,252 means this house is valued at £2,794 per sq meter (£259 per sq foot).
The average size of a house on WESTERN AVENUE is 112 sq meters (1,215 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellcroft Close |
| Nov 2024 | Burglary | Unable to prosecute suspect | On or near Wellcroft Close |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellcroft Close |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hermitage Avenue |
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Hermitage Avenue |