£112,282
This estimated value is based upon the latest sale price for the house of £75,000 on 2 Oct 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 2 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 October 2014 the House Price Index for NOTTINGHAMSHIRE was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £75,000 results in an estimated price of approximately £112,282.
| 2 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £75,000 | £37,282 | £112,282 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | 11.429 % | £8,571 | £83,571 |
| 3 Month Average | 48.605 % | £36,454 | £111,454 |
| 6 Month Average | 49.025 % | £36,768 | £111,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £143,119 | £141,000 | 19 EDINGLEY AVENUE |
| 3 Nov 2023 | £142,104 | £140,000 | 6 NEWSTEAD STREET |
| 28 Apr 2023 | £232,503 | £230,000 | 16 ALLINGTON DRIVE |
| 10 Mar 2023 | £121,141 | £120,000 | 15 NEWSTEAD STREET |
| 1 Aug 2022 | £169,544 | £170,000 | 1 ALLINGTON DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 8 Jun 2014. Using an estimated price of £112,283 means this house is valued at £1,538 per sq meter (£142 per sq foot).
The average size of a house on WELLOW CLOSE is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wellow Close | |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Wellow Close |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Wellow Close |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Wellow Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Kaye Road |