£251,205
This estimated value is based upon the latest sale price for the house of £144,950 on 11 Mar 2011. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £144,950 | 11 Mar 2011 |
| £108,000 | 8 Nov 2010 |
| 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 March 2011 the House Price Index for NOTTINGHAMSHIRE was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £144,950 results in an estimated price of approximately £251,205.
| 11 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £144,950 | £106,255 | £251,205 |
The Postcode Pricing Model uses changes in average sales price within the NG9 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 | 81.789 % | £118,553 | £263,503 |
| 3 Month Average | 87.022 % | £126,138 | £271,088 |
| 6 Month Average | 80.787 % | £117,101 | £262,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £297,553 | £290,000 | 1 MELROSE AVENUE |
| 17 Feb 2023 | £251,681 | £250,000 | 28 WAVERLEY AVENUE |
| 14 Mar 2022 | £260,983 | £250,000 | 10 WESTWARD AVENUE |
| 2 Feb 2022 | £203,368 | £192,500 | 196 STATION ROAD |
| 14 Dec 2021 | £186,720 | £173,000 | 16 THE DOVECOTES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Scott Avenue |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Scott Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scott Avenue |
| Jul 2024 | Vehicle crime | Under investigation | On or near Station Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moore Gate |