£795,730
This estimated value is based upon the latest sale price for the house of £775,000 on 18 May 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £775,000 | 18 May 2022 |
| 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 2022 the House Price Index for NOTTINGHAMSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £775,000 results in an estimated price of approximately £795,730.
| 18 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £775,000 | £20,730 | £795,730 |
The Postcode Pricing Model uses changes in average sales price within the NG15 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 | -0.810 % | £-6,279 | £768,720 |
| 3 Month Average | 7.272 % | £56,361 | £831,361 |
| 6 Month Average | 11.650 % | £90,289 | £865,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £455,342 | £445,000 | 65 QUARRY ROAD |
| 25 Sep 2023 | £378,340 | £370,000 | 83 QUARRY ROAD |
| 4 Aug 2023 | £784,143 | £770,000 | 12 KIGHILL LANE |
| 18 Oct 2022 | £777,403 | £780,000 | 14 KIGHILL LANE |
| 19 May 2022 | £487,706 | £475,000 | 134 CHAPEL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kighill Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Rowan Avenue |