£564,680
This estimated value is based upon the latest sale price for the house of £380,000 on 19 Jan 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £380,000 | 19 Jan 2015 |
| £93,000 | 23 Feb 2001 |
| Detached |
| Freehold |
| Floor Area: 343 sq meters or 3,693 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 January 2015 the House Price Index for NOTTINGHAMSHIRE was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £380,000 results in an estimated price of approximately £564,680.
| 19 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £380,000 | £184,680 | £564,680 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | -12.258 % | £-46,580 | £333,419 |
| 3 Month Average | 28.920 % | £109,895 | £489,895 |
| 6 Month Average | 45.281 % | £172,068 | £552,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £221,276 | £218,000 | 35 WEST BANK WYND |
| 31 Jul 2023 | £72,982 | £72,000 | 33 WESTDALE ROAD |
| 11 Jul 2023 | £249,863 | £246,500 | 37 STONE CROSS LANE |
| 13 Jan 2023 | £114,461 | £115,000 | APARTMENT 2 NORFOLK MEWS NORFOLK DRIVE |
| 3 Aug 2022 | £473,725 | £475,000 | AVONDALE, 3 OAK BANK CLOSE |
This house has a floor area of 343 sq meters or 3,693 sq feet when measured on 17 Jun 2010. Using an estimated price of £564,680 means this house is valued at £1,645 per sq meter (£152 per sq foot).
The average size of a house on STONE CROSS LANE is 218 sq meters (2,354 sq feet).
This house is the largest in the street with a floor area of 343 sq meters (3,693 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near West Bank Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West Bank Lea |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stone Cross Lane |
| Mar 2024 | Anti-social behaviour | On or near West Bank Link | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near West Bank Link |