£527,781
This estimated value is based upon the latest sale price for the house of £489,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £489,000 | 21 Dec 2021 |
| £330,000 | 16 Jul 2020 |
| 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 December 2021 the House Price Index for NOTTINGHAMSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £489,000 results in an estimated price of approximately £527,781.
| 21 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £489,000 | £38,781 | £527,781 |
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 | 4.643 % | £22,705 | £511,705 |
| 3 Month Average | -3.439 % | £-16,818 | £472,181 |
| 6 Month Average | 8.095 % | £39,586 | £528,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £440,537 | £427,000 | 5 NORMANTON LANE |
| 9 Oct 2023 | £327,437 | £320,000 | 23 NORMANTON LANE |
| 23 Jun 2023 | £588,800 | £577,000 | 4 CLIFFORD CLOSE |
| 31 Mar 2023 | £245,602 | £241,500 | 2 FRANKLYN GARDENS |
| 21 Nov 2022 | £283,674 | £285,000 | 12 ROSE GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Normanton Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Normanton Lane |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lowlands Drive |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Green Close |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Dale Road |