£346,003
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Dec 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 30 Dec 2015 |
| £232,000 | 23 Aug 2007 |
| £105,000 | 31 Mar 2006 |
| £105,000 | 26 Aug 2005 |
| £100,000 | 12 Mar 2004 |
| 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 2015 the House Price Index for NOTTINGHAMSHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £250,000 results in an estimated price of approximately £346,003.
| 30 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £250,000 | £96,003 | £346,003 |
The Postcode Pricing Model uses changes in average sales price within the NG12 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 | 28.827 % | £72,067 | £322,067 |
| 3 Month Average | 30.364 % | £75,910 | £325,910 |
| 6 Month Average | 38.109 % | £95,271 | £345,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £284,721 | £281,655 | 15 WATER LANE |
| 24 Mar 2023 | £328,091 | £325,000 | 7 WATER LANE |
| 3 Mar 2023 | £348,281 | £345,000 | 10A WATER LANE |
| 5 Aug 2022 | £102,225 | £102,500 | FLAT 10 THE CHESTNUTS MAIN ROAD |
| 10 Jun 2022 | £293,903 | £289,750 | 12 WATER LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Main Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Main Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wharf Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wharf Lane |
| Feb 2024 | Anti-social behaviour | On or near Church Close |