£751,273
This estimated value is based upon the latest sale price for the house of £563,000 on 11 Oct 2016. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £563,000 | 11 Oct 2016 |
| £350,000 | 2 Aug 2002 |
| £107,500 | 19 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in October 2016 the House Price Index for CITY OF NOTTINGHAM was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £563,000 results in an estimated price of approximately £751,273.
| 11 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £563,000 | £188,273 | £751,273 |
The Postcode Pricing Model uses changes in average sales price within the NG7 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 | 107.332 % | £604,279 | £1,167,279 |
| 3 Month Average | 65.017 % | £366,047 | £929,047 |
| 6 Month Average | 45.926 % | £258,563 | £821,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £193,885 | £190,000 | FLAT 7 7 PELHAM CRESCENT |
| 6 Apr 2023 | £331,195 | £325,000 | FLAT 16 PARK EDGE BARRACK LANE |
| 27 Mar 2023 | £940,710 | £925,000 | CASTLE HOUSE, 13 PELHAM CRESCENT |
| 3 Mar 2023 | £279,671 | £275,000 | FLAT 4 20 BARRACK LANE |
| 28 Feb 2023 | £362,421 | £360,000 | FLAT 3 HADDON HOUSE CAVENDISH CRESCENT NORTH |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 2 Jul 2020. Using an estimated price of £751,273 means this house is valued at £4,367 per sq meter (£405 per sq foot).
The average size of a house on PELHAM CRESCENT is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Pelham Crescent |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pelham Crescent |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Barrack Lane |