£173,015
This estimated value is based upon the latest sale price for the house of £116,000 on 15 Dec 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £116,000 | 15 Dec 2014 |
| Semi-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 2014 the House Price Index for NOTTINGHAMSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £116,000 results in an estimated price of approximately £173,015.
| 15 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £116,000 | £57,015 | £173,015 |
The Postcode Pricing Model uses changes in average sales price within the NG16 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 | 49.563 % | £57,493 | £173,493 |
| 3 Month Average | 43.577 % | £50,549 | £166,549 |
| 6 Month Average | 55.905 % | £64,849 | £180,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £148,702 | £146,500 | 55 PARK AVENUE |
| 2 Nov 2023 | £233,964 | £230,500 | 110 SWINGATE |
| 18 Aug 2023 | £171,500 | £170,000 | 24 NORTH STREET |
| 17 Aug 2023 | £237,074 | £235,000 | 5 TOWER CRESCENT |
| 27 Jun 2023 | £197,391 | £195,000 | 1 WEST STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tower Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knowle Lane |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clive Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Lane |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Spring Hill |