£246,076
This estimated value is based upon the latest sale price for the house of £162,500 on 19 Aug 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,500 | 19 Aug 2014 |
| £189,995 | 3 Apr 2008 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,020 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 August 2014 the House Price Index for NOTTINGHAMSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £162,500 results in an estimated price of approximately £246,076.
| 19 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £162,500 | £83,576 | £246,076 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | -52.502 % | £-85,315 | £77,184 |
| 3 Month Average | 31.271 % | £50,814 | £213,314 |
| 6 Month Average | 63.298 % | £102,858 | £265,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £122,572 | £121,500 | 10 CAIRNGORM DRIVE |
| 21 Apr 2023 | £212,286 | £210,000 | 67 RUBY WAY |
| 21 Nov 2022 | £124,492 | £126,000 | 26 RUBY WAY |
| 22 Jun 2022 | £207,939 | £205,000 | 25 CAIRNGORM DRIVE |
| 4 May 2022 | £113,132 | £111,000 | 7 CAIRNGORM DRIVE |
This house has a floor area of 94 sq meters or 1,020 sq feet when measured on 19 Feb 2010. Using an estimated price of £246,077 means this house is valued at £2,595 per sq meter (£241 per sq foot).
The average size of a house on CAIRNGORM DRIVE is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Curbar Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Quartz Avenue |