£109,488
This estimated value is based upon the latest sale price for the house of £110,000 on 25 Nov 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 25 Nov 2022 |
| £37,500 | 16 Oct 1998 |
| 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 November 2022 the House Price Index for NOTTINGHAMSHIRE was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £110,000 results in an estimated price of approximately £109,488.
| 25 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £110,000 | £-511 | £109,488 |
The Postcode Pricing Model uses changes in average sales price within the NG16 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 | 7.550 % | £8,304 | £118,304 |
| 3 Month Average | 0.576 % | £633 | £110,633 |
| 6 Month Average | 4.340 % | £4,773 | £114,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £235,000 | £235,000 | 34 ROCKLEY AVENUE |
| 1 Dec 2023 | £173,326 | £168,000 | 166 NEWTHORPE COMMON |
| 18 Aug 2023 | £118,131 | £116,000 | 108 NEWTHORPE COMMON |
| 30 Jun 2023 | £168,374 | £165,000 | 3 ORCHARD STREET |
| 28 Apr 2023 | £183,431 | £180,000 | 10 ORCHARD STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Newthorpe Common |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Chewton Street |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chewton Street |