£209,386
This estimated value is based upon the latest sale price for the house of £170,000 on 24 Apr 2019. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Lucknow Drive
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| Price Paid | Date |
|---|---|
| £170,000 | 24 Apr 2019 |
| £134,000 | 8 Mar 2007 |
| £52,500 | 28 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 April 2019 the House Price Index for NOTTINGHAMSHIRE was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £170,000 results in an estimated price of approximately £209,386.
| 24 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £170,000 | £39,386 | £209,386 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | 5.708 % | £9,703 | £179,703 |
| 3 Month Average | 22.293 % | £37,897 | £207,897 |
| 6 Month Average | 14.578 % | £24,782 | £194,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £178,690 | £177,000 | 100 RANNOCH DRIVE |
| 9 Jun 2023 | £142,153 | £141,000 | 9 KENMORE CLOSE |
| 30 Mar 2023 | £242,812 | £241,500 | 32 RANNOCH DRIVE |
| 1 Mar 2023 | £100,543 | £100,000 | 74 RANNOCH DRIVE |
| 15 Nov 2022 | £137,766 | £140,000 | 10 SEAFORTH SQUARE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 7 Nov 2018. Using an estimated price of £209,387 means this house is valued at £2,949 per sq meter (£273 per sq foot).
The average size of a house on RANNOCH DRIVE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lucknow Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lucknow Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lucknow Drive |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Lismore Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dunbar Drive |