£250,278
This estimated value is based upon the latest sale price for the house of £185,000 on 13 May 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£185,000 | 13 May 2016 |
Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 May 2016 the House Price Index for NOTTINGHAMSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £185,000 results in an estimated price of approximately £250,278.
13 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £185,000 | £65,278 | £250,278 |
The Postcode Pricing Model uses changes in average sales price within the NG17 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 | 24.929 % | £46,118 | £231,118 |
3 Month Average | 61.811 % | £114,351 | £299,351 |
6 Month Average | 52.500 % | £97,125 | £282,125 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £242,450 | £235,000 | HILWARDS THE AVENUE |
17 Nov 2023 | £176,993 | £172,500 | 15 HIGHLAND DRIVE |
27 Oct 2023 | £306,972 | £300,000 | 7 GREENTREES COURT |
13 Jun 2022 | £207,434 | £203,000 | 1 NETHERFIELD GRANGE |
5 Apr 2022 | £160,800 | £155,000 | 11 HIGHLAND DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 6 May 2016. Using an estimated price of £250,278 means this house is valued at £3,015 per sq meter (£280 per sq foot).
The average size of a house on THE AVENUE is 107 sq meters (1,156 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Highland Drive |
Aug 2024 | Burglary | Under investigation | On or near Off The Avenue |
Jul 2024 | Anti-social behaviour | On or near Netherfield Grange | |
Jul 2024 | Anti-social behaviour | On or near Netherfield Grange | |
Jul 2024 | Anti-social behaviour | On or near Netherfield Grange |