£88,444
This estimated value is based upon the latest sale price for the house of £42,000 on 24 Mar 2004. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £42,000 | 24 Mar 2004 |
| Flats/Maisonettes |
| Leasehold |
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 March 2004 the House Price Index for NOTTINGHAMSHIRE was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £42,000 results in an estimated price of approximately £88,444.
| 24 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £42,000 | £46,444 | £88,444 |
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 | 67.125 % | £28,192 | £70,192 |
| 3 Month Average | 81.587 % | £34,266 | £76,266 |
| 6 Month Average | 75.412 % | £31,672 | £73,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £232,015 | £230,000 | 5 CHAUCER ROAD |
| 18 Mar 2024 | £279,291 | £275,000 | 35A BULLPIT ROAD |
| 4 Dec 2023 | £304,352 | £295,000 | 59 BULLPIT ROAD |
| 14 Jun 2023 | £285,726 | £280,000 | 6 CHAUCER ROAD |
| 1 Jun 2023 | £295,930 | £290,000 | 26 WORDSWORTH DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marlowe Drive |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Sheridan Close |
| Oct 2024 | Drugs | Under investigation | On or near Wolfit Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wolfit Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wolfit Avenue |