£351,431
This estimated value is based upon the latest sale price for the house of £282,500 on 25 Sep 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £282,500 | 25 Sep 2018 |
| £123,500 | 16 Apr 2002 |
| £81,000 | 15 Dec 1995 |
| £83,000 | 5 Apr 1995 |
| 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 September 2018 the House Price Index for NOTTINGHAMSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £282,500 results in an estimated price of approximately £351,431.
| 25 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £282,500 | £68,931 | £351,431 |
The Postcode Pricing Model uses changes in average sales price within the LE14 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 | -48.988 % | £-138,390 | £144,109 |
| 3 Month Average | -7.744 % | £-21,876 | £260,623 |
| 6 Month Average | -0.779 % | £-2,200 | £280,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £309,511 | £300,000 | FAIRHOLME, 1 MAIN STREET |
| 26 Aug 2022 | £497,325 | £495,000 | THE COTTAGE MAIN STREET |
| 28 Sep 2021 | £548,212 | £505,000 | WESTHOLME MAIN STREET |
| 24 Sep 2021 | £461,367 | £425,000 | LILAC COTTAGE BRIDEGATE LANE |
| 6 Aug 2021 | £442,806 | £394,000 | 8 HARLES ACRES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Lane |
| Aug 2024 | Anti-social behaviour | On or near Long Lane | |
| Aug 2024 | Anti-social behaviour | On or near Long Lane | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Lane |
| Sep 2024 | Other theft | Under investigation | On or near Hickling Lane |