£221,927
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Apr 2024. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 17 Apr 2024 |
| Semi-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 April 2024 the House Price Index for NOTTINGHAMSHIRE was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £220,000 results in an estimated price of approximately £221,927.
| 17 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £220,000 | £1,927 | £221,927 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 12.364 % | £27,201 | £247,201 |
| 3 Month Average | 4.448 % | £9,785 | £229,785 |
| 6 Month Average | 4.356 % | £9,583 | £229,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £221,927 | £220,000 | 62 WORRALL AVENUE |
| 31 Oct 2023 | £173,951 | £170,000 | 70 WORRALL AVENUE |
| 25 Aug 2023 | £234,224 | £230,000 | 3 BENTWELL AVENUE |
| 16 Aug 2023 | £300,418 | £295,000 | 119 RAVENSWOOD ROAD |
| 21 Mar 2023 | £228,821 | £225,000 | 5 BENTWELL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ravenswood Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravenswood Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Worrall Avenue |
| Jul 2024 | Other crime | Under investigation | On or near Worrall Avenue |
| May 2024 | Other crime | Formal action is not in the public interest | On or near Worrall Avenue |