£617,838
This estimated value is based upon the latest sale price for the house of £470,000 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £470,000 | 8 Jul 2016 |
| £430,000 | 1 Sep 2006 |
| Detached |
| Freehold |
| Floor Area: 275 sq meters or 2,960 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 July 2016 the House Price Index for NOTTINGHAMSHIRE was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £470,000 results in an estimated price of approximately £617,838.
| 8 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £470,000 | £147,838 | £617,838 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 5.324 % | £25,023 | £495,023 |
| 3 Month Average | 24.342 % | £114,407 | £584,407 |
| 6 Month Average | 43.610 % | £204,968 | £674,968 |
This house has a floor area of 275 sq meters or 2,960 sq feet when measured on 28 Jul 2015.
The average size of a house on ORCHARD PARK is 278 sq meters (2,997 sq feet).
This house is the largest in the street with a floor area of 275 sq meters (2,960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Podder Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Podder Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Podder Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Plains Farm Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thurlestone Drive |