£498,474
This estimated value is based upon the latest sale price for the house of £502,500 on 16 Sep 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £502,500 | 16 Sep 2022 |
| 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 September 2022 the House Price Index for NOTTINGHAMSHIRE was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £502,500 results in an estimated price of approximately £498,474.
| 16 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £502,500 | £-4,025 | £498,474 |
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 | -27.487 % | £-138,122 | £364,377 |
| 3 Month Average | -14.786 % | £-74,299 | £428,200 |
| 6 Month Average | -4.994 % | £-25,092 | £477,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £578,566 | £570,000 | 3 WENTWORTH WAY |
| 16 Sep 2022 | £498,475 | £502,500 | 9 HOLLINWELL COURT |
| 25 May 2022 | £535,082 | £525,000 | 27 WELLIN LANE |
| 3 May 2022 | £494,314 | £485,000 | 8A EDWALD ROAD |
| 10 Mar 2022 | £409,324 | £395,000 | 33 WELLIN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Wellin Lane | |
| Feb 2024 | Anti-social behaviour | On or near Wellin Lane | |
| Mar 2024 | Burglary | Under investigation | On or near Edwalton Close |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Edwalton Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellin Close |