£179,930
This estimated value is based upon the latest sale price for the house of £95,000 on 28 Jan 2005. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £95,000 | 28 Jan 2005 |
| £72,000 | 18 Nov 2002 |
| Terraced |
| 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 January 2005 the House Price Index for NOTTINGHAMSHIRE was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £95,000 results in an estimated price of approximately £179,930.
| 28 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 149.7 | 89.400 % | £95,000 | £84,930 | £179,930 |
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 | 87.197 % | £82,837 | £177,837 |
| 3 Month Average | 76.830 % | £72,988 | £167,988 |
| 6 Month Average | 78.127 % | £74,220 | £169,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £145,000 | £145,000 | 141 LONGMEAD DRIVE |
| 31 Oct 2023 | £158,602 | £155,000 | 159 ROSECROFT DRIVE |
| 8 Sep 2023 | £163,607 | £160,000 | 185 ROSECROFT DRIVE |
| 1 Sep 2023 | £276,086 | £270,000 | 26 PRIOR ROAD |
| 7 Jun 2023 | £146,945 | £144,000 | 152 LONGMEAD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Offender given a caution | On or near Sherbrook Road |
| Oct 2024 | Drugs | Under investigation | On or near Sherbrook Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sherbrook Road |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Sherbrook Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sherbrook Road |