£292,623
This estimated value is based upon the latest sale price for the house of £285,000 on 6 May 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £285,000 | 6 May 2022 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in May 2022 the House Price Index for CITY OF NOTTINGHAM was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £285,000 results in an estimated price of approximately £292,623.
| 6 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £285,000 | £7,623 | £292,623 |
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 | -5.440 % | £-15,504 | £269,495 |
| 3 Month Average | 11.329 % | £32,288 | £317,288 |
| 6 Month Average | 12.855 % | £36,637 | £321,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £262,278 | £260,000 | 8 ORNSAY CLOSE |
| 18 Dec 2023 | £286,825 | £278,011 | 80 REVELSTOKE WAY |
| 10 Nov 2023 | £266,772 | £260,000 | 176 BROWNLOW DRIVE |
| 25 Aug 2023 | £280,051 | £275,000 | 180 BROWNLOW DRIVE |
| 14 Apr 2023 | £332,214 | £326,000 | 186 BROWNLOW DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Formal action is not in the public interest | On or near Ornsay Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Ornsay Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mccracken Close |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mccracken Close |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mccracken Close |