£262,176
This estimated value is based upon the latest sale price for the house of £68,500 on 14 Apr 2000. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £68,500 | 14 Apr 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 sq feet |
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 April 2000 the House Price Index for CITY OF NOTTINGHAM was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £68,500 results in an estimated price of approximately £262,176.
| 14 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 149.7 | 282.739 % | £68,500 | £193,676 | £262,176 |
The Postcode Pricing Model uses changes in average sales price within the NG7 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 | 286.343 % | £196,144 | £264,644 |
| 3 Month Average | 323.686 % | £221,724 | £290,224 |
| 6 Month Average | 320.506 % | £219,546 | £288,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £291,478 | £287,000 | APARTMENT 5 ARLINGTON HOUSE, 25 LENTON AVENUE |
| 3 Nov 2023 | £379,637 | £370,000 | 154 HARLAXTON DRIVE |
| 20 Jan 2023 | £230,616 | £230,000 | FLAT 3 13 LENTON AVENUE |
| 9 Sep 2022 | £278,236 | £278,422 | 9 CASTLE MEWS |
| 17 Jun 2022 | £281,007 | £275,000 | 83 HARLAXTON DRIVE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 7 Aug 2018. Using an estimated price of £262,176 means this house is valued at £4,855 per sq meter (£451 per sq foot).
The average size of a house on LENTON AVENUE is 121 sq meters (1,312 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Maxtoke Road |
| Jun 2024 | Drugs | Under investigation | On or near Maxtoke Road |