£167,539
This estimated value is based upon the latest sale price for the house of £136,000 on 15 Aug 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £136,000 | 15 Aug 2018 |
| £133,995 | 22 Jun 2016 |
| Terraced |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 August 2018 the House Price Index for NOTTINGHAMSHIRE was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £136,000 results in an estimated price of approximately £167,539.
| 15 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £136,000 | £31,539 | £167,539 |
The Postcode Pricing Model uses changes in average sales price within the NG24 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 | 73.274 % | £99,652 | £235,652 |
| 3 Month Average | 27.582 % | £37,510 | £173,510 |
| 6 Month Average | 31.965 % | £43,473 | £179,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £162,081 | £160,000 | 53 LAVENDER WAY |
| 18 Aug 2023 | £187,641 | £186,500 | 14 LILY LANE |
| 6 Jan 2023 | £188,346 | £190,000 | 32 LAVENDER WAY |
| 25 Nov 2022 | £162,367 | £165,000 | 47 LAVENDER WAY |
| 5 Sep 2022 | £311,215 | £315,000 | 48 LILY LANE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 21 Apr 2016. Using an estimated price of £167,540 means this house is valued at £2,839 per sq meter (£263 per sq foot).
The average size of a house on LAVENDER WAY is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Way |
| Jan 2024 | Possession of weapons | Under investigation | On or near Lavender Way |
| Jan 2024 | Drugs | Under investigation | On or near Lavender Way |
| Jan 2024 | Other crime | Under investigation | On or near Lavender Way |
| Mar 2024 | Anti-social behaviour | On or near Clover Gardens |