£217,429
This estimated value is based upon the latest sale price for the house of £180,000 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 14 Aug 2020 |
| £64,500 | 10 Sep 1996 |
| 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 August 2020 the House Price Index for NOTTINGHAMSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £180,000 results in an estimated price of approximately £217,429.
| 14 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £180,000 | £37,429 | £217,429 |
The Postcode Pricing Model uses changes in average sales price within the NG7 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 | 8.445 % | £15,201 | £195,201 |
| 3 Month Average | 21.912 % | £39,442 | £219,442 |
| 6 Month Average | 54.604 % | £98,286 | £278,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £220,600 | £215,000 | 7 WICKET GROVE |
| 15 Sep 2023 | £204,508 | £200,000 | 11 HAZELMERE GROVE |
| 21 Apr 2023 | £185,979 | £182,500 | 125 HERON DRIVE |
| 31 Mar 2022 | £135,711 | £130,000 | 129 HERON DRIVE |
| 11 Mar 2022 | £135,711 | £130,000 | 17 SHELBY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shelby Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedarra Grove |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Faraday Road |
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Faraday Road |
| Aug 2024 | Bicycle theft | Under investigation | On or near Faraday Road |