£697,311
This estimated value is based upon the latest sale price for the house of £134,000 on 23 May 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Bank Buildings, The Avenue, London, E4 9LE
Phone: 02036410906
| Price Paid | Date |
|---|---|
| £134,000 | 23 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in May 1997 the House Price Index for GREATER LONDON was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £134,000 results in an estimated price of approximately £697,311.
| 23 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £134,000 | £563,311 | £697,311 |
The Postcode Pricing Model uses changes in average sales price within the IG8 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 | 384.285 % | £514,942 | £648,942 |
| 3 Month Average | 387.407 % | £519,125 | £653,125 |
| 6 Month Average | 395.417 % | £529,858 | £663,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £319,510 | £313,534 | 28 OAK HILL COURT, 81 OAK HILL |
| 6 Mar 2023 | £666,633 | £655,500 | 17 OAK HILL CRESCENT |
| 27 Jan 2023 | £862,304 | £860,000 | 78 OAK HILL CRESCENT |
| 16 Sep 2022 | £769,486 | £770,000 | 106 OAK HILL CRESCENT |
| 8 Mar 2022 | £365,377 | £350,000 | 49 FOREST DRIVE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 22 Nov 2018. Using an estimated price of £697,311 means this house is valued at £6,973 per sq meter (£647 per sq foot).
The average size of a house on FOREST DRIVE is 115 sq meters (1,240 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Oak Hill Crescent |
| Apr 2024 | Vehicle crime | Under investigation | On or near Oak Hill |
| Apr 2024 | Vehicle crime | Under investigation | On or near Mapperley Drive |