£492,683
This estimated value is based upon the latest sale price for the house of £370,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £370,000 | 22 Jul 2016 |
| £315,000 | 7 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,712 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 July 2016 the House Price Index for NOTTINGHAMSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £370,000 results in an estimated price of approximately £492,683.
| 22 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £370,000 | £122,683 | £492,683 |
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 | -56.382 % | £-208,614 | £161,385 |
| 3 Month Average | 11.056 % | £40,907 | £410,907 |
| 6 Month Average | 33.592 % | £124,289 | £494,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £423,707 | £420,000 | 4 HIGH OAKHAM ROAD |
| 15 Jun 2023 | £344,169 | £340,000 | 1 OAKHAM CLOSE |
| 24 Aug 2022 | £822,785 | £825,000 | THE GLASSHOUSE HIGH OAKHAM ROAD |
| 7 Jul 2022 | £300,810 | £300,000 | 217 NOTTINGHAM ROAD |
| 29 Apr 2022 | £669,369 | £650,000 | THE GABLES HIGH OAKHAM ROAD |
This house has a floor area of 159 sq meters or 1,712 sq feet when measured on 3 Jun 2011. Using an estimated price of £492,683 means this house is valued at £3,096 per sq meter (£287 per sq foot).
The average size of a house on NOTTINGHAM ROAD is 137 sq meters (1,484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Oakham Close | |
| Feb 2024 | Anti-social behaviour | On or near Oakham Close | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakham Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near High Oakham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near High Oakham Road |