£537,793
This estimated value is based upon the latest sale price for the house of £230,000 on 29 May 2003. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 29 May 2003 |
| Flats/Maisonettes |
| Leasehold |
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 May 2003 the House Price Index for NOTTINGHAMSHIRE was 62.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 133.823%.Applying this 133.823% change to the original purchase price of £230,000 results in an estimated price of approximately £537,793.
| 29 May 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 146.7 | 133.823 % | £230,000 | £307,793 | £537,793 |
The Postcode Pricing Model uses changes in average sales price within the NG12 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 | 55.391 % | £127,399 | £357,399 |
| 3 Month Average | 79.837 % | £183,625 | £413,625 |
| 6 Month Average | 102.248 % | £235,171 | £465,171 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Melton Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Village Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellin Close |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Edwalton Close |
| Mar 2024 | Burglary | Under investigation | On or near Edwalton Close |