£281,350
This estimated value is based upon the latest sale price for the house of £160,000 on 16 May 2006. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 16 May 2006 |
| £94,995 | 25 Oct 2002 |
| 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 May 2006 the House Price Index for NOTTINGHAMSHIRE was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £160,000 results in an estimated price of approximately £281,350.
| 16 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £160,000 | £121,350 | £281,350 |
The Postcode Pricing Model uses changes in average sales price within the NG16 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 | 53.233 % | £85,172 | £245,172 |
| 3 Month Average | 59.566 % | £95,306 | £255,306 |
| 6 Month Average | 69.584 % | £111,334 | £271,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £168,000 | £168,000 | 2 FOSSETTS AVENUE |
| 23 Jan 2023 | £135,362 | £135,000 | 170 MANSFIELD ROAD |
| 28 Jul 2022 | £160,609 | £159,000 | 15 PENNINE DRIVE |
| 14 Jul 2022 | £306,067 | £303,000 | 22 PENNINE DRIVE |
| 24 Jun 2022 | £148,167 | £145,000 | 108 MANSFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmtree Avenue |
| Sep 2024 | Anti-social behaviour | On or near Columbia Close | |
| Sep 2024 | Anti-social behaviour | On or near Columbia Close | |
| Aug 2024 | Anti-social behaviour | On or near Columbia Close | |
| Aug 2024 | Anti-social behaviour | On or near Columbia Close |