£171,074
This estimated value is based upon the latest sale price for the house of £138,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £138,000 | 2 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2019 the House Price Index for NOTTINGHAMSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £138,000 results in an estimated price of approximately £171,074.
| 2 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £138,000 | £33,074 | £171,074 |
The Postcode Pricing Model uses changes in average sales price within the NG24 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 | 20.656 % | £28,505 | £166,505 |
| 3 Month Average | 19.257 % | £26,574 | £164,574 |
| 6 Month Average | 18.962 % | £26,166 | £164,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £138,043 | £135,000 | 52 CHESTNUT AVENUE |
| 19 Apr 2023 | £127,383 | £125,000 | 6 GAINSBOROUGH DRIVE |
| 12 Sep 2022 | £152,898 | £153,000 | 37 GAINSBOROUGH DRIVE |
| 18 Aug 2022 | £301,409 | £300,000 | 1 MOUNTNEY PLACE |
| 16 May 2022 | £211,510 | £206,000 | 96 LINCOLN ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 19 Mar 2019. Using an estimated price of £171,075 means this house is valued at £2,086 per sq meter (£193 per sq foot).
The average size of a house on GAINSBOROUGH DRIVE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Chestnut Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mountney Place |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lincoln Road |
| Oct 2024 | Shoplifting | Under investigation | On or near Meering Avenue |