£434,720
This estimated value is based upon the latest sale price for the house of £390,000 on 20 Oct 2021. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £390,000 | 20 Oct 2021 |
| £296,000 | 24 Mar 2016 |
| £285,000 | 23 Oct 2009 |
| £220,000 | 14 Feb 2003 |
| £139,995 | 17 Jan 2000 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 October 2021 the House Price Index for NOTTINGHAMSHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £390,000 results in an estimated price of approximately £434,720.
| 20 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £390,000 | £44,720 | £434,720 |
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 | -8.721 % | £-34,011 | £355,988 |
| 3 Month Average | -15.759 % | £-61,461 | £328,538 |
| 6 Month Average | -7.297 % | £-28,457 | £361,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £269,112 | £263,000 | 22 PALMER ROAD |
| 6 Jan 2023 | £340,911 | £340,000 | 7 CORNWALL ROAD |
| 21 Jun 2022 | £255,461 | £250,000 | 14 RICHMOND ROAD |
| 30 Mar 2022 | £318,400 | £305,000 | 19 ELMWOOD CLOSE |
| 14 Feb 2022 | £225,659 | £213,600 | 34 RICHMOND ROAD |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 2 Jul 2021. Using an estimated price of £434,721 means this house is valued at £2,527 per sq meter (£234 per sq foot).
The average size of a house on THE SHETLANDS is 192 sq meters (2,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmer Road |
| Jul 2024 | Burglary | Under investigation | On or near Elmwood Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near River Close |
| May 2024 | Burglary | Unable to prosecute suspect | On or near Bigsby Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near St Saviour'S Close |