£531,561
This estimated value is based upon the latest sale price for the house of £132,500 on 14 Jan 2000. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £132,500 | 14 Jan 2000 |
| £80,000 | 17 Mar 1995 |
| 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 January 2000 the House Price Index for NOTTINGHAMSHIRE was 37.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 301.178%.Applying this 301.178% change to the original purchase price of £132,500 results in an estimated price of approximately £531,561.
| 14 Jan 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.3 | 149.7 | 301.178 % | £132,500 | £399,061 | £531,561 |
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 | 231.419 % | £306,629 | £439,129 |
| 3 Month Average | 165.107 % | £218,766 | £351,266 |
| 6 Month Average | 183.221 % | £242,767 | £375,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £555,010 | £545,000 | INSTEAD MELTON ROAD |
| 5 Apr 2023 | £222,665 | £218,500 | BRIDGFORD HOUSE OLD MELTON ROAD |
| 5 Jul 2022 | £690,519 | £683,600 | VIVADE MELTON ROAD |
| 20 Apr 2022 | £1,608,004 | £1,550,000 | SYCAMORE LODGE GREEN LANE |
| 29 Mar 2022 | £548,065 | £525,000 | LINCOLN LODGE FARMHOUSE BRIDEGATE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Anti-social behaviour | On or near Old Melton Road | |
| Sep 2024 | Anti-social behaviour | On or near Old Melton Road |