£1,812,104
This estimated value is based upon the latest sale price for the house of £1,800,000 on 1 Feb 2023. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,800,000 | 1 Feb 2023 |
| 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 February 2023 the House Price Index for NOTTINGHAMSHIRE was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £1,800,000 results in an estimated price of approximately £1,812,104.
| 1 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £1,800,000 | £12,104 | £1,812,104 |
The Postcode Pricing Model uses changes in average sales price within the NG17 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 | 5.761 % | £103,701 | £1,903,701 |
| 3 Month Average | 0.473 % | £8,516 | £1,808,516 |
| 6 Month Average | -1.642 % | £-29,550 | £1,770,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £250,694 | £245,000 | 6 BLACKTHORN WAY |
| 10 Aug 2023 | £315,694 | £310,000 | 1 COALFIELD CLOSE |
| 1 Feb 2023 | £1,812,105 | £1,800,000 | UNIT 5 ORCHARD WAY |
| 3 Mar 2022 | £287,082 | £275,000 | 5 BLACKTHORN WAY |
| 17 Feb 2022 | £4,225,829 | £4,000,000 | MERIDIAN LIGHTWEIGHT TECHNOLOGIES UK LTD ORCHARD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fonton Hall Drive |
| Jul 2024 | Anti-social behaviour | On or near Fonton Hall Drive | |
| May 2024 | Robbery | Investigation complete; no suspect identified | On or near Fonton Hall Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Farm Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Farm Close |