£743,420
This estimated value is based upon the latest sale price for the house of £620,000 on 10 Aug 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £620,000 | 10 Aug 2020 |
| £525,000 | 7 Sep 2007 |
| £264,000 | 26 Feb 1999 |
| 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 August 2020 the House Price Index for NOTTINGHAMSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £620,000 results in an estimated price of approximately £743,420.
| 10 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £620,000 | £123,420 | £743,420 |
The Postcode Pricing Model uses changes in average sales price within the NG12 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 | 2.431 % | £15,069 | £635,069 |
| 3 Month Average | -9.106 % | £-56,457 | £563,542 |
| 6 Month Average | 11.407 % | £70,721 | £690,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £669,918 | £660,000 | 5 HAMMERSMITH CLOSE |
| 4 Aug 2023 | £650,692 | £645,000 | 1 HAMMERSMITH CLOSE |
| 31 Mar 2023 | £328,091 | £325,000 | 3 WESTMINSTER DRIVE |
| 31 Jan 2023 | £286,152 | £287,500 | 19 WESTMINSTER DRIVE |
| 1 Jul 2022 | £611,646 | £610,000 | 3 HAMMERSMITH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayfair |
| Mar 2024 | Possession of weapons | Formal action is not in the public interest | On or near Meadow End |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Field View |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Thomas Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Dormy Close |