£112,282
This estimated value is based upon the latest sale price for the house of £85,000 on 12 Dec 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 12 Dec 2016 |
| £90,000 | 26 Jan 2007 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 December 2016 the House Price Index for NOTTINGHAMSHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £85,000 results in an estimated price of approximately £112,282.
| 12 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £85,000 | £27,282 | £112,282 |
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 | 31.689 % | £26,935 | £111,935 |
| 3 Month Average | 38.955 % | £33,112 | £118,112 |
| 6 Month Average | 47.299 % | £40,204 | £125,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £61,394 | £60,000 | 5 CHIRNSIDE |
| 6 Oct 2023 | £122,789 | £120,000 | 121 SKEGBY LANE |
| 31 Aug 2023 | £160,902 | £158,000 | 80 RANNOCH DRIVE |
| 4 Aug 2023 | £168,031 | £165,000 | 22 LANGFORD ROAD |
| 23 Mar 2023 | £132,208 | £130,000 | 109 SKEGBY LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Jun 2016. Using an estimated price of £112,283 means this house is valued at £1,701 per sq meter (£158 per sq foot).
The average size of a house on SKEGBY LANE is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B6014 |
| Oct 2024 | Drugs | Awaiting court outcome | On or near Longstone Way |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Longstone Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longstone Way |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Longstone Way |