£731,436
This estimated value is based upon the latest sale price for the house of £425,000 on 5 Jul 2011. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £425,000 | 5 Jul 2011 |
| £400,000 | 11 Jan 2006 |
| 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 July 2011 the House Price Index for NOTTINGHAMSHIRE was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.103%.Applying this 72.103% change to the original purchase price of £425,000 results in an estimated price of approximately £731,436.
| 5 Jul 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.103 % | £425,000 | £306,436 | £731,436 |
The Postcode Pricing Model uses changes in average sales price within the LE14 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 | 44.300 % | £188,274 | £613,274 |
| 3 Month Average | 68.651 % | £291,767 | £716,767 |
| 6 Month Average | 60.453 % | £256,924 | £681,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £846,006 | £830,000 | DEXTERS CLOSE COTTAGE STATION ROAD |
| 3 Aug 2023 | £533,243 | £530,000 | 48 MAIN STREET |
| 2 Aug 2023 | £548,334 | £545,000 | INSTEAD MELTON ROAD |
| 18 Aug 2022 | £541,342 | £545,000 | THE OLD FORGE STATION ROAD |
| 8 Jul 2022 | £594,197 | £595,000 | LANTERN COTTAGE STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melton Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kinoulton Lane |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Kinoulton Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Main Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Mill Lane |