£135,138
This estimated value is based upon the latest sale price for the house of £42,950 on 24 Jan 2002. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £42,950 | 24 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 January 2002 the House Price Index for NOTTINGHAMSHIRE was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £42,950 results in an estimated price of approximately £135,138.
| 24 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £42,950 | £92,188 | £135,138 |
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 | 209.697 % | £90,064 | £133,014 |
| 3 Month Average | 210.435 % | £90,381 | £133,331 |
| 6 Month Average | 202.954 % | £87,168 | £130,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2024 | £150,000 | £150,000 | 44 TRINITY ROAD |
| 22 Nov 2023 | £87,214 | £85,000 | 20 BELLMOND CLOSE |
| 6 Oct 2023 | £137,114 | £134,000 | 5 CHERRY HOLT |
| 21 Sep 2023 | £138,043 | £135,000 | 16 LINDSAY AVENUE |
| 24 Aug 2023 | £154,792 | £152,000 | 11 LINDSAY AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 21 Feb 2020. Using an estimated price of £135,138 means this house is valued at £1,710 per sq meter (£158 per sq foot).
The average size of a house on CHERRY HOLT is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Lilac Close |
| Aug 2024 | Anti-social behaviour | On or near Lilac Close | |
| Aug 2024 | Anti-social behaviour | On or near Lilac Close | |
| Aug 2024 | Anti-social behaviour | On or near Lilac Close | |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Ash Road |