£398,280
This estimated value is based upon the latest sale price for the house of £71,000 on 19 Dec 1995. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £71,000 | 19 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 December 1995 the House Price Index for NOTTINGHAMSHIRE was 26.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 460.958%.Applying this 460.958% change to the original purchase price of £71,000 results in an estimated price of approximately £398,280.
| 19 Dec 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 146.7 | 460.958 % | £71,000 | £327,280 | £398,280 |
The Postcode Pricing Model uses changes in average sales price within the DN22 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 | 127.775 % | £90,720 | £161,720 |
| 3 Month Average | 291.821 % | £207,192 | £278,192 |
| 6 Month Average | 307.978 % | £218,664 | £289,664 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 Jun 2015.
The average size of a house on GROVE LANE is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Lane |
| Mar 2024 | Anti-social behaviour | On or near Trent Street | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trent Street |
| Mar 2024 | Anti-social behaviour | On or near Raglan Road | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hatfield Street |