£168,279
This estimated value is based upon the latest sale price for the house of £126,000 on 3 Jun 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Wellcroft Close
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Price Paid | Date |
---|---|
£126,000 | 3 Jun 2016 |
£118,000 | 2 Dec 2004 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 931 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 June 2016 the House Price Index for NOTTINGHAMSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £126,000 results in an estimated price of approximately £168,279.
3 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £126,000 | £42,279 | £168,279 |
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 | -54.912 % | £-69,189 | £56,810 |
3 Month Average | 8.786 % | £11,070 | £137,070 |
6 Month Average | 35.346 % | £44,536 | £170,536 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £121,119 | £119,000 | 7 GRANGE AVENUE |
3 Nov 2023 | £294,358 | £290,000 | 3 WESTERN CLOSE |
6 Jul 2023 | £212,865 | £210,000 | 29 SHEEPBRIDGE LANE |
21 Apr 2023 | £277,993 | £275,000 | 1 WESTERN AVENUE |
31 Mar 2023 | £302,853 | £300,000 | 19 WASHINGTON DRIVE |
This house has a floor area of 86 sq meters or 931 sq feet when measured on 14 Oct 2011. Using an estimated price of £168,279 means this house is valued at £1,943 per sq meter (£180 per sq foot).
The average size of a house on WESTERN AVENUE is 112 sq meters (1,215 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Wellcroft Close |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Sutton Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sutton Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sutton Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Sutton Road |