£345,226
This estimated value is based upon the latest sale price for the house of £64,000 on 5 Dec 1996. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £64,000 | 5 Dec 1996 |
| 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 December 1996 the House Price Index for NOTTINGHAMSHIRE was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £64,000 results in an estimated price of approximately £345,226.
| 5 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £64,000 | £281,226 | £345,226 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 285.650 % | £182,816 | £246,816 |
| 3 Month Average | 369.315 % | £236,361 | £300,361 |
| 6 Month Average | 335.352 % | £214,625 | £278,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £169,163 | £167,000 | 28 PADDOCK CLOSE |
| 14 Jul 2023 | £182,456 | £180,000 | 1 BAGNALL COTTAGES CINDERHILL ROAD |
| 31 Mar 2023 | £161,522 | £160,000 | 27 PADDOCK CLOSE |
| 18 Jan 2023 | £243,851 | £245,000 | 26 JAPONICA DRIVE |
| 16 Sep 2022 | £148,798 | £150,000 | 19 PADDOCK CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Odesa Drive |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Odesa Drive |
| Feb 2024 | Public order | Under investigation | On or near Odesa Drive |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Paddock Close |