£326,781
This estimated value is based upon the latest sale price for the house of £320,000 on 21 May 2024. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 21 May 2024 |
| £281,000 | 25 Nov 2019 |
| £197,495 | 28 Apr 2011 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,477 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 May 2024 the House Price Index for NOTTINGHAMSHIRE was 99.1.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 2.119%.Applying this 2.119% change to the original purchase price of £320,000 results in an estimated price of approximately £326,781.
| 21 May 2024 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.1 | 101.2 | 2.119 % | £320,000 | £6,781 | £326,781 |
The Postcode Pricing Model uses changes in average sales price within the S81 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 | 17.710 % | £56,672 | £376,672 |
| 3 Month Average | 9.594 % | £30,701 | £350,701 |
| 6 Month Average | 4.502 % | £14,407 | £334,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2024 | £363,956 | £360,000 | 20 WELLESLEY CLOSE |
| 21 May 2024 | £326,781 | £320,000 | 33 ROMAN ROAD |
| 1 Dec 2023 | £181,347 | £174,000 | 15 LYNCHET LANE |
| 8 Apr 2022 | £309,368 | £295,000 | 16 WELLESLEY CLOSE |
| 24 Feb 2022 | £266,316 | £250,000 | 46 WELLESLEY CLOSE |
This house has a floor area of 137 sq meters or 1,477 sq feet when measured on 24 Mar 2011. Using an estimated price of £326,781 means this house is valued at £2,380 per sq meter (£221 per sq foot).
The average size of a house on ROMAN ROAD is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Roman Road |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Roman Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roman Road |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Roman Road |
| Jan 2025 | Anti-social behaviour | On or near Lynchet Lane |