£227,952
This estimated value is based upon the latest sale price for the house of £184,328 on 24 Apr 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£184,328 | 24 Apr 2020 |
Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 April 2020 the House Price Index for NOTTINGHAMSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £184,328 results in an estimated price of approximately £227,952.
24 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.667 % | £184,328 | £43,624 | £227,952 |
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 | 26.622 % | £49,072 | £233,400 |
3 Month Average | 22.608 % | £41,672 | £226,000 |
6 Month Average | 21.957 % | £40,472 | £224,800 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £272,365 | £270,000 | 6 TANNINGTON GROVE |
4 Mar 2024 | £215,308 | £212,000 | 6 CHARTERS DRIVE |
3 Nov 2023 | £338,595 | £330,000 | 17 MARLESTON LANE |
30 Jun 2023 | £479,611 | £470,000 | 2 CARDINGTON WAY |
7 Mar 2023 | £233,906 | £230,000 | 8 CARDINGTON WAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 Mar 2020. Using an estimated price of £227,952 means this house is valued at £2,425 per sq meter (£225 per sq foot).
The average size of a house on CARDINGTON WAY is 149 sq meters (1,610 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tannington Grove |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Bowbridge Lane |
Jul 2024 | Anti-social behaviour | On or near Bowbridge Lane | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Charters Drive |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yarnsworth Road |