£416,305
This estimated value is based upon the latest sale price for the house of £80,000 on 21 May 1997. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 21 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 sq feet |
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 1997 the House Price Index for NOTTINGHAMSHIRE was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £80,000 results in an estimated price of approximately £416,305.
| 21 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £80,000 | £336,305 | £416,305 |
The Postcode Pricing Model uses changes in average sales price within the LE14 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 | 256.495 % | £205,195 | £285,195 |
| 3 Month Average | 311.958 % | £249,566 | £329,566 |
| 6 Month Average | 316.245 % | £252,996 | £332,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2024 | £600,000 | £600,000 | OLD BARN STATION ROAD |
| 20 Dec 2023 | £856,313 | £830,000 | DEXTERS CLOSE COTTAGE STATION ROAD |
| 30 Jun 2023 | £188,783 | £185,000 | 20 STATION LANE |
| 6 Apr 2023 | £183,431 | £180,000 | THE CRANNY MAIN ROAD |
| 30 Mar 2023 | £518,662 | £510,000 | 1 WELL LANE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 24 Mar 2021. Using an estimated price of £416,305 means this house is valued at £3,130 per sq meter (£290 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sulney Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bottom Green |
| Aug 2024 | Anti-social behaviour | On or near Well Lane | |
| Aug 2024 | Anti-social behaviour | On or near Well Lane | |
| Aug 2024 | Anti-social behaviour | On or near Well Lane |