£296,525
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 1 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 November 2019 the House Price Index for NOTTINGHAMSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £240,000 results in an estimated price of approximately £296,525.
| 1 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £240,000 | £56,525 | £296,525 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | 11.208 % | £26,899 | £266,899 |
| 3 Month Average | 12.316 % | £29,558 | £269,558 |
| 6 Month Average | 8.175 % | £19,620 | £259,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £268,849 | £264,000 | 12 JENNY BECKETTS LANE |
| 23 Jun 2023 | £305,115 | £299,000 | 12 BREWERS WAY |
| 7 Jun 2023 | £255,112 | £250,000 | 11 FARADAY ROAD |
| 27 May 2022 | £87,274 | £85,000 | 15 COCKLE CLOSE |
| 29 Apr 2022 | £238,607 | £230,000 | 5 FARADAY ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 21 Aug 2018. Using an estimated price of £296,526 means this house is valued at £2,430 per sq meter (£225 per sq foot).
The average size of a house on JENNY BECKETT LANE is 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cockle Close |
| Aug 2024 | Anti-social behaviour | On or near Cockle Close | |
| Aug 2024 | Anti-social behaviour | On or near Cockle Close | |
| Aug 2024 | Anti-social behaviour | On or near Cockle Close | |
| Aug 2024 | Anti-social behaviour | On or near Cockle Close |