£117,842
This estimated value is based upon the latest sale price for the house of £26,950 on 28 May 1999. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £26,950 | 28 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in May 1999 the House Price Index for CITY OF NOTTINGHAM was 33.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 337.263%.Applying this 337.263% change to the original purchase price of £26,950 results in an estimated price of approximately £117,842.
| 28 May 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 146.7 | 337.263 % | £26,950 | £90,892 | £117,842 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 203.011 % | £54,711 | £81,661 |
| 3 Month Average | 235.233 % | £63,395 | £90,345 |
| 6 Month Average | 294.188 % | £79,283 | £106,233 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 Jun 2021.
The average size of a house on LAVENDER WALK is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Teak Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Teak Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Teak Close |
| Jan 2024 | Drugs | Local resolution | On or near Teak Close |
| Mar 2024 | Public order | Formal action is not in the public interest | On or near Lupin Close |