£258,277
This estimated value is based upon the latest sale price for the house of £193,000 on 16 Sep 2016. 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 Old Water Lane
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Price Paid | Date |
---|---|
£193,000 | 16 Sep 2016 |
£148,000 | 28 May 2003 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 September 2016 the House Price Index for NOTTINGHAMSHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £193,000 results in an estimated price of approximately £258,277.
16 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £193,000 | £65,277 | £258,277 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | 23.459 % | £45,275 | £238,275 |
3 Month Average | 42.507 % | £82,037 | £275,037 |
6 Month Average | 48.938 % | £94,451 | £287,451 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Oct 2022 | £149,501 | £150,000 | 91 RUSKIN ROAD |
15 Feb 2022 | £279,961 | £265,000 | 84 KINGFISHER ROAD |
9 Feb 2022 | £248,267 | £235,000 | 76 KINGFISHER ROAD |
17 Dec 2021 | £283,858 | £263,000 | 29 KINGFISHER ROAD |
13 Dec 2021 | £248,241 | £230,000 | 58 KINGFISHER ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 23 May 2014. Using an estimated price of £258,277 means this house is valued at £2,285 per sq meter (£212 per sq foot).
The average size of a house on OTTER WAY is 137 sq meters (1,481 sq feet).
This house is the smallest in the street with a floor area of 113 sq meters (1,216 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Old Water Lane |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Water Lane |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Old Water Lane |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Water Lane |
Oct 2024 | Theft from the person | Under investigation | On or near Ruskin Road |