£343,002
This estimated value is based upon the latest sale price for the house of £277,500 on 17 Sep 2019. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £277,500 | 17 Sep 2019 |
| £74,000 | 27 Aug 1998 |
| 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 September 2019 the House Price Index for NOTTINGHAMSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £277,500 results in an estimated price of approximately £343,002.
| 17 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £277,500 | £65,502 | £343,002 |
The Postcode Pricing Model uses changes in average sales price within the NG16 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 | 9.577 % | £26,576 | £304,076 |
| 3 Month Average | 23.382 % | £64,884 | £342,384 |
| 6 Month Average | 26.271 % | £72,902 | £350,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £395,000 | £395,000 | 2 CEDAR AVENUE |
| 21 Jun 2024 | £267,090 | £267,090 | 31 GLOUCESTER AVENUE |
| 20 Jan 2023 | £376,005 | £375,000 | 7 WOODLAND DRIVE |
| 31 Mar 2022 | £339,278 | £325,000 | 63 HARCOURT CRESCENT |
| 28 Jan 2022 | £300,036 | £283,000 | 115 CEDARLAND CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodland Drive |
| Jul 2024 | Public order | Under investigation | On or near Woodland Drive |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Woodland Drive |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cedarland Crescent |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Carters Wood Drive |