£361,950
This estimated value is based upon the latest sale price for the house of £285,000 on 10 Nov 2017. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 10 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 November 2017 the House Price Index for NOTTINGHAMSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £285,000 results in an estimated price of approximately £361,950.
| 10 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £285,000 | £76,950 | £361,950 |
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 | 12.032 % | £34,292 | £319,292 |
| 3 Month Average | 15.205 % | £43,334 | £328,334 |
| 6 Month Average | 24.143 % | £68,806 | £353,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £306,135 | £300,000 | 4 THE WATERFRONT |
| 17 Feb 2023 | £392,623 | £390,000 | 9 THE WATERFRONT |
| 10 Jun 2022 | £567,123 | £555,000 | SCONCE COTTAGE DEVON PARK |
| 25 Mar 2022 | £219,226 | £210,000 | 1 FARNDON ROAD |
| 21 Mar 2022 | £203,567 | £195,000 | 100 FARNDON ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 7 Jun 2016. Using an estimated price of £361,950 means this house is valued at £2,622 per sq meter (£243 per sq foot).
The average size of a house on FARNDON ROAD is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farndon Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Oct 2024 | Public order | Under investigation | On or near Parking Area |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Parking Area |
| Sep 2024 | Possession of weapons | Under investigation | On or near Parking Area |