£760,266
This estimated value is based upon the latest sale price for the house of £137,000 on 15 Aug 1996. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £137,000 | 15 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 202 sq meters or 2,174 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 1996 the House Price Index for NOTTINGHAMSHIRE was 26.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 454.939%.Applying this 454.939% change to the original purchase price of £137,000 results in an estimated price of approximately £760,266.
| 15 Aug 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 148.6 | 454.939 % | £137,000 | £623,266 | £760,266 |
The Postcode Pricing Model uses changes in average sales price within the NG24 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 | 255.936 % | £350,631 | £487,631 |
| 3 Month Average | 290.936 % | £398,582 | £535,582 |
| 6 Month Average | 346.251 % | £474,363 | £611,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £182,705 | £180,000 | 36 MARTON ROAD |
| 19 Jun 2023 | £342,144 | £338,000 | 75 LONDON ROAD |
| 30 Jan 2023 | £447,890 | £450,000 | 84 LONDON ROAD |
| 20 Jul 2022 | £250,675 | £250,000 | 8 BEESTON ROAD |
| 20 Jul 2022 | £447,204 | £446,000 | 7 ELM AVENUE |
This house has a floor area of 202 sq meters or 2,174 sq feet when measured on 28 Jan 2019. Using an estimated price of £760,266 means this house is valued at £3,763 per sq meter (£349 per sq foot).
The average size of a house on ELM CLOSE is 240 sq meters (2,585 sq feet).
This house is the largest in the street with a floor area of 202 sq meters (2,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Elm Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Falstone Avenue |
| Feb 2024 | Anti-social behaviour | On or near Falstone Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Falstone Avenue | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Avenue |