£381,887
This estimated value is based upon the latest sale price for the house of £375,000 on 24 Aug 2023. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£375,000 | 24 Aug 2023 |
£188,000 | 15 Mar 2012 |
£75,000 | 23 May 1997 |
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 August 2023 the House Price Index for NOTTINGHAMSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £375,000 results in an estimated price of approximately £381,887.
24 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £375,000 | £6,887 | £381,887 |
The Postcode Pricing Model uses changes in average sales price within the NG16 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 | -17.483 % | £-65,561 | £309,438 |
3 Month Average | -1.268 % | £-4,755 | £370,244 |
6 Month Average | -1.259 % | £-4,722 | £370,277 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £363,002 | £355,000 | 19 KIMBERLEY ROAD |
24 Aug 2023 | £381,888 | £375,000 | 43 KIMBERLEY ROAD |
6 Mar 2023 | £282,213 | £277,500 | 52 PHILIP AVENUE |
20 Feb 2023 | £292,957 | £291,000 | 55 PHILIP AVENUE |
26 Aug 2022 | £411,926 | £410,000 | 10 EDWARD ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Robbery | Under investigation | On or near Back Lane |
Aug 2024 | Theft from the person | Unable to prosecute suspect | On or near Nightingale Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Close |
Oct 2024 | Other crime | Under investigation | On or near Maple Drive |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Boden Drive |