£975,944
This estimated value is based upon the latest sale price for the house of £497,000 on 28 Jul 2004. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £497,000 | 28 Jul 2004 |
| £342,000 | 18 Dec 2001 |
| £207,500 | 20 Oct 1997 |
| Detached |
| 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 July 2004 the House Price Index for NOTTINGHAMSHIRE was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £497,000 results in an estimated price of approximately £975,944.
| 28 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £497,000 | £478,944 | £975,944 |
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 | 33.899 % | £168,476 | £665,476 |
| 3 Month Average | 67.700 % | £336,469 | £833,469 |
| 6 Month Average | 91.056 % | £452,546 | £949,546 |
| 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 |
| 8 Sep 2023 | £147,246 | £144,000 | 18 GREAVES AVENUE |
| 6 Apr 2023 | £183,431 | £180,000 | THE CRANNY MAIN ROAD |
| 30 Mar 2023 | £518,662 | £510,000 | 1 WELL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Lane |
| 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 | |
| Aug 2024 | Anti-social behaviour | On or near Well Lane |