£399,044
This estimated value is based upon the latest sale price for the house of £270,000 on 12 Feb 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 12 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 February 2015 the House Price Index for NOTTINGHAMSHIRE was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £270,000 results in an estimated price of approximately £399,044.
| 12 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £270,000 | £129,044 | £399,044 |
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 | -44.294 % | £-119,594 | £150,405 |
| 3 Month Average | 24.743 % | £66,806 | £336,806 |
| 6 Month Average | 45.187 % | £122,003 | £392,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £360,335 | £355,000 | 361 EAKRING ROAD |
| 2 Nov 2023 | £243,607 | £240,000 | 2 OAK TREE CLOSE |
| 22 Jun 2023 | £121,471 | £120,000 | 7 HARTINGTON COURT |
| 19 Jun 2023 | £490,947 | £485,000 | 3 FAIRLAWNS |
| 10 Feb 2023 | £409,724 | £410,000 | 16 FAIRLAWNS |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 4 Feb 2014. Using an estimated price of £399,044 means this house is valued at £3,142 per sq meter (£291 per sq foot).
The average size of a house on EAKRING ROAD is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fairlawns |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fairlawns |
| Jan 2024 | Anti-social behaviour | On or near Fairlawns | |
| Jan 2024 | Anti-social behaviour | On or near Fairlawns | |
| Jan 2024 | Anti-social behaviour | On or near Fairlawns |