£326,878
This estimated value is based upon the latest sale price for the house of £242,000 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £242,000 | 24 Mar 2016 |
| £187,500 | 7 Mar 2014 |
| £15,000 | 24 Nov 1995 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 March 2016 the House Price Index for NOTTINGHAMSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £242,000 results in an estimated price of approximately £326,878.
| 24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £242,000 | £84,878 | £326,878 |
The Postcode Pricing Model uses changes in average sales price within the S80 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 | 17.952 % | £43,442 | £285,442 |
| 3 Month Average | 24.473 % | £59,224 | £301,224 |
| 6 Month Average | 36.729 % | £88,884 | £330,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Dec 2021 | £254,988 | £238,000 | 1 SAXTON CLOSE |
| 1 Nov 2021 | £378,530 | £350,000 | 42 WATER MEADOWS |
| 22 Oct 2021 | £464,721 | £420,000 | 58 WATER MEADOWS |
| 2 Jul 2021 | £233,875 | £203,500 | 71 DEVONSHIRE STREET |
| 23 Oct 2020 | £211,155 | £180,000 | 64 SPRING WALK |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 25 Apr 2018. Using an estimated price of £326,878 means this house is valued at £2,657 per sq meter (£246 per sq foot).
The average size of a house on WATER MEADOWS is 141 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laburnum Close |
| Feb 2024 | Anti-social behaviour | On or near Laburnum Close | |
| Feb 2024 | Anti-social behaviour | On or near Laburnum Close | |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Poplar Close |
| Feb 2024 | Burglary | Under investigation | On or near Poplar Close |