£609,176
This estimated value is based upon the latest sale price for the house of £119,000 on 18 Jul 1997. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£119,000 | 18 Jul 1997 |
Detached |
Freehold |
Floor Area: 218 sq meters or 2,346 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 July 1997 the House Price Index for NOTTINGHAMSHIRE was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £119,000 results in an estimated price of approximately £609,176.
18 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 149.7 | 411.913 % | £119,000 | £490,176 | £609,176 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 268.365 % | £319,354 | £438,354 |
3 Month Average | 309.253 % | £368,010 | £487,010 |
6 Month Average | 310.819 % | £369,875 | £488,875 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £887,264 | £860,000 | LORETO COTTAGE MAPPERLEY PLAINS |
30 Jun 2022 | £495,594 | £485,000 | 28 MIDDLEBECK DRIVE |
25 May 2022 | £308,025 | £300,000 | 62 MAPPERLEY ORCHARD |
31 Mar 2022 | £334,053 | £319,995 | 499 MAPPERLEY PLAINS |
18 Mar 2022 | £240,105 | £230,000 | 503 MAPPERLEY PLAINS |
This house has a floor area of 218 sq meters or 2,346 sq feet when measured on 19 Apr 2012. Using an estimated price of £609,177 means this house is valued at £2,794 per sq meter (£259 per sq foot).
The average size of a house on MAPPERLEY PLAINS is 129 sq meters (1,396 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mapperley Orchard |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mapperley Orchard |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Edison Way |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Edison Way |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edison Way |