£515,556
This estimated value is based upon the latest sale price for the house of £417,500 on 24 Sep 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £417,500 | 24 Sep 2018 |
| £230,000 | 20 Dec 2010 |
| £225,000 | 9 Oct 2006 |
| Detached |
| Freehold |
| Floor Area: 291 sq meters or 3,132 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 September 2018 the House Price Index for NOTTINGHAMSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £417,500 results in an estimated price of approximately £515,556.
| 24 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £417,500 | £98,056 | £515,556 |
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 | 66.724 % | £278,571 | £696,071 |
| 3 Month Average | 50.010 % | £208,791 | £626,291 |
| 6 Month Average | 24.909 % | £103,993 | £521,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £378,844 | £374,000 | 57 BIRCH GROVE |
| 10 Aug 2023 | £711,222 | £705,000 | 6 WATERSON OAKS |
| 29 Apr 2022 | £306,880 | £298,000 | 23 BIRCH GROVE |
| 11 Apr 2022 | £259,509 | £252,000 | 5 VERONA COURT |
| 30 Mar 2022 | £259,066 | £250,000 | 4 EDALE CLOSE |
This house has a floor area of 291 sq meters or 3,132 sq feet when measured on 22 Mar 2018. Using an estimated price of £515,556 means this house is valued at £1,771 per sq meter (£164 per sq foot).
The average size of a house on WATERSON CLOSE is 151 sq meters (1,628 sq feet).
This house is the largest in the street with a floor area of 291 sq meters (3,132 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southwell Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Adamsway |