£608,639
This estimated value is based upon the latest sale price for the house of £240,000 on 23 Dec 2002. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £240,000 | 23 Dec 2002 |
| £142,500 | 14 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 December 2002 the House Price Index for CITY OF NOTTINGHAM was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £240,000 results in an estimated price of approximately £608,639.
| 23 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £240,000 | £368,639 | £608,639 |
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 | 102.251 % | £245,401 | £485,401 |
| 3 Month Average | 102.546 % | £246,111 | £486,111 |
| 6 Month Average | 114.312 % | £274,348 | £514,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £354,528 | £349,995 | FLAT 6 HAMILTON COURT HAMILTON DRIVE |
| 11 Aug 2023 | £161,412 | £160,000 | FLAT 3 18 HOPE DRIVE |
| 23 Mar 2023 | £166,569 | £165,000 | 16 THE GALLERY HOPE DRIVE |
| 7 Mar 2023 | £203,921 | £202,000 | 12 THE GALLERY HOPE DRIVE |
| 4 Aug 2022 | £195,474 | £196,000 | 10 THE GALLERY HOPE DRIVE |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 21 Jan 2019. Using an estimated price of £608,640 means this house is valued at £3,901 per sq meter (£362 per sq foot).
The average size of a house on HOPE DRIVE is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hope Drive | |
| Mar 2024 | Anti-social behaviour | On or near Hope Drive | |
| Mar 2024 | Anti-social behaviour | On or near Hope Drive | |
| Mar 2024 | Anti-social behaviour | On or near Hope Drive | |
| Mar 2024 | Robbery | Under investigation | On or near Palatine Street |