£395,989
This estimated value is based upon the latest sale price for the house of £155,000 on 13 Dec 2002. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 13 Dec 2002 |
| £92,000 | 11 Feb 1998 |
| 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 2002 the House Price Index for NOTTINGHAMSHIRE was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £155,000 results in an estimated price of approximately £395,989.
| 13 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £155,000 | £240,989 | £395,989 |
The Postcode Pricing Model uses changes in average sales price within the NG14 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 | 70.842 % | £109,804 | £264,804 |
| 3 Month Average | 108.242 % | £167,775 | £322,775 |
| 6 Month Average | 93.126 % | £144,346 | £299,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £389,983 | £378,000 | 38 GEORGES LANE |
| 23 Oct 2023 | £317,204 | £310,000 | 2 LAMPWOOD CLOSE |
| 30 Aug 2023 | £386,980 | £380,000 | 43 GEORGES LANE |
| 8 Jun 2023 | £395,935 | £388,000 | 41 ELMTREE ROAD |
| 2 Jun 2023 | £298,482 | £292,500 | 39 ELMTREE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Local resolution | On or near George'S Lane |
| Apr 2024 | Drugs | Offender given a drugs possession warning | On or near George'S Lane |
| Apr 2024 | Drugs | Offender given a drugs possession warning | On or near George'S Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dovey'S Orchard |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Main Street |