£388,565
This estimated value is based upon the latest sale price for the house of £380,000 on 7 Sep 2023. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £380,000 | 7 Sep 2023 |
| £240,000 | 23 Dec 2003 |
| 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 September 2023 the House Price Index for NOTTINGHAMSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £380,000 results in an estimated price of approximately £388,565.
| 7 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £380,000 | £8,565 | £388,565 |
The Postcode Pricing Model uses changes in average sales price within the NG22 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 | 6.254 % | £23,765 | £403,765 |
| 3 Month Average | -4.708 % | £-17,892 | £362,107 |
| 6 Month Average | 5.244 % | £19,928 | £399,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £207,206 | £202,500 | 38 LEXINGTON GARDENS |
| 7 Sep 2023 | £388,566 | £380,000 | 42 ORCHARD CRESCENT |
| 22 Aug 2023 | £218,949 | £215,000 | 35 LEXINGTON GARDENS |
| 28 Jun 2023 | £347,463 | £340,500 | 54 NEWCASTLE STREET |
| 24 Mar 2023 | £177,972 | £175,000 | 13 ORCHARD CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Orchard Crescent |
| Jul 2024 | Drugs | Offender given a caution | On or near Orchard Crescent |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Newcastle Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Clark Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clark Lane |