£326,041
This estimated value is based upon the latest sale price for the house of £175,000 on 29 May 2009. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 29 May 2009 |
| £149,500 | 12 Sep 2001 |
| 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 May 2009 the House Price Index for NOTTINGHAMSHIRE was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £175,000 results in an estimated price of approximately £326,041.
| 29 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £175,000 | £151,041 | £326,041 |
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 | 79.318 % | £138,805 | £313,805 |
| 3 Month Average | 82.490 % | £144,358 | £319,358 |
| 6 Month Average | 76.640 % | £134,120 | £309,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £262,278 | £260,000 | 24A LORNE GROVE |
| 20 Mar 2024 | £111,716 | £110,000 | 24A MAIN ROAD |
| 6 Oct 2023 | £250,694 | £245,000 | 11 CROPWELL ROAD |
| 21 Aug 2023 | £432,806 | £425,000 | 11 NEW ROAD |
| 15 Aug 2023 | £381,888 | £375,000 | 6 BOLTON TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Local resolution | On or near New Road |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Station Terrace |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Terrace |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Station Terrace |
| Apr 2024 | Robbery | Under investigation | On or near Radcliffe |