£318,059
This estimated value is based upon the latest sale price for the house of £300,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 28 Jan 2022 |
| £200,000 | 16 Nov 2007 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 January 2022 the House Price Index for NOTTINGHAMSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £300,000 results in an estimated price of approximately £318,059.
| 28 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £300,000 | £18,059 | £318,059 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | -23.695 % | £-71,083 | £228,916 |
| 3 Month Average | 5.348 % | £16,042 | £316,042 |
| 6 Month Average | 9.037 % | £27,110 | £327,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £103,398 | £102,500 | 3 ROBIN DOWN COURT |
| 22 Dec 2023 | £103,170 | £100,000 | 10 ROBIN DOWN COURT |
| 3 Nov 2023 | £277,032 | £270,000 | 409 NOTTINGHAM ROAD |
| 20 Oct 2023 | £327,437 | £320,000 | 11 LICHFIELD LANE |
| 15 Sep 2023 | £244,387 | £239,000 | 16 LICHFIELD AVENUE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 21 Jun 2021. Using an estimated price of £318,059 means this house is valued at £2,409 per sq meter (£223 per sq foot).
The average size of a house on NOTTINGHAM ROAD is 137 sq meters (1,484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lichfield Avenue |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Lichfield Close |
| Jul 2024 | Anti-social behaviour | On or near Lichfield Close | |
| Jul 2024 | Anti-social behaviour | On or near Lichfield Close | |
| Jul 2024 | Anti-social behaviour | On or near Lichfield Close |