£306,368
This estimated value is based upon the latest sale price for the house of £220,000 on 6 Nov 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 6 Nov 2015 |
| 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 November 2015 the House Price Index for NOTTINGHAMSHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £220,000 results in an estimated price of approximately £306,368.
| 6 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £220,000 | £86,368 | £306,368 |
The Postcode Pricing Model uses changes in average sales price within the NG15 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 | 40.458 % | £89,008 | £309,008 |
| 3 Month Average | 27.995 % | £61,588 | £281,588 |
| 6 Month Average | 38.025 % | £83,655 | £303,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £294,865 | £290,500 | 27 CENTRAL AVENUE |
| 1 Sep 2023 | £113,451 | £112,000 | 25 DERBYSHIRE LANE |
| 1 Aug 2023 | £262,295 | £260,000 | 16 WILLIAM STREET |
| 7 Jul 2023 | £111,501 | £110,000 | 119 DERBYSHIRE LANE |
| 3 Mar 2023 | £196,855 | £195,000 | 103 DERBYSHIRE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Central Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sandy Lane |
| Mar 2024 | Other theft | Under investigation | On or near Derbyshire Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derbyshire Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Derbyshire Lane |