£345,799
This estimated value is based upon the latest sale price for the house of £284,995 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£284,995 | 27 Mar 2020 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 March 2020 the House Price Index for NOTTINGHAMSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £284,995 results in an estimated price of approximately £345,799.
27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £284,995 | £60,804 | £345,799 |
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 | -25.113 % | £-71,570 | £213,424 |
3 Month Average | 27.500 % | £78,372 | £363,367 |
6 Month Average | 20.040 % | £57,112 | £342,107 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £178,214 | £175,000 | 16 MOONBEAM WAY |
20 Jun 2023 | £331,646 | £325,000 | 44 CHATSWORTH DRIVE |
22 Aug 2022 | £329,541 | £328,000 | 53 CHATSWORTH DRIVE |
8 Jul 2022 | £398,998 | £395,000 | 5 SATURN WAY |
2 Feb 2022 | £169,033 | £160,000 | 23 JUPITER MEWS |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 6 Mar 2020. Using an estimated price of £345,799 means this house is valued at £2,788 per sq meter (£259 per sq foot).
The average size of a house on NEPTUNE WAY is 137 sq meters (1,476 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Neptune Way |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lindhurst West Way |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orion Grove |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orion Grove |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orion Grove |