£101,698
This estimated value is based upon the latest sale price for the house of £100,000 on 1 Mar 2023. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£100,000 | 1 Mar 2023 |
£77,000 | 28 Aug 2015 |
£37,000 | 22 Oct 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 2023 the House Price Index for NOTTINGHAMSHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £100,000 results in an estimated price of approximately £101,698.
1 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £100,000 | £1,698 | £101,698 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | 22.663 % | £22,662 | £122,662 |
3 Month Average | 1.256 % | £1,256 | £101,256 |
6 Month Average | 8.068 % | £8,068 | £108,068 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £61,394 | £60,000 | 5 CHIRNSIDE |
30 Mar 2023 | £245,602 | £241,500 | 32 RANNOCH DRIVE |
1 Mar 2023 | £101,698 | £100,000 | 74 RANNOCH DRIVE |
15 Nov 2022 | £139,348 | £140,000 | 10 SEAFORTH SQUARE |
21 Sep 2022 | £129,913 | £130,000 | 3 THE CAMERONS |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 30 Jan 2015. Using an estimated price of £101,698 means this house is valued at £1,753 per sq meter (£162 per sq foot).
The average size of a house on RANNOCH DRIVE is 75 sq meters (817 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Camerons |
Aug 2024 | Anti-social behaviour | On or near The Gillies | |
Aug 2024 | Anti-social behaviour | On or near The Gillies | |
Aug 2024 | Anti-social behaviour | On or near The Gillies | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Larkhall Place |