£408,737
This estimated value is based upon the latest sale price for the house of £400,000 on 28 Jun 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 28 Jun 2022 |
| £276,000 | 26 Mar 2004 |
| 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 June 2022 the House Price Index for NOTTINGHAMSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £400,000 results in an estimated price of approximately £408,737.
| 28 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £400,000 | £8,737 | £408,737 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 21.455 % | £85,821 | £485,821 |
| 3 Month Average | 7.747 % | £30,989 | £430,989 |
| 6 Month Average | 12.381 % | £49,523 | £449,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £106,709 | £104,000 | 26 EDISON WAY |
| 11 Aug 2023 | £130,860 | £128,500 | 30 EDISON WAY |
| 29 Mar 2023 | £223,736 | £220,000 | 18 NEWCOMBE DRIVE |
| 24 Nov 2022 | £152,288 | £153,000 | 144 EDISON WAY |
| 8 Jul 2022 | £398,998 | £395,000 | 30 THALES DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 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 |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Edison Way |
| Jul 2024 | Other theft | Under investigation | On or near Saxton Court |