£274,721
This estimated value is based upon the latest sale price for the house of £185,000 on 16 Mar 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£185,000 | 16 Mar 2015 |
£180,000 | 11 Mar 2005 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 March 2015 the House Price Index for NOTTINGHAMSHIRE was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £185,000 results in an estimated price of approximately £274,721.
16 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £185,000 | £89,721 | £274,721 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | 15.409 % | £28,506 | £213,506 |
3 Month Average | 54.682 % | £101,162 | £286,162 |
6 Month Average | 51.733 % | £95,705 | £280,705 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £416,398 | £410,000 | 8 CHESTNUT DRIVE |
30 Nov 2023 | £477,111 | £465,000 | 10 CHATSWORTH CLOSE |
23 Oct 2023 | £255,810 | £250,000 | 44 DORCHESTER DRIVE |
28 Oct 2022 | £199,334 | £200,000 | 16 CHESTNUT MEWS |
26 Oct 2022 | £377,240 | £378,500 | 28 DORCHESTER DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Apr 2015. Using an estimated price of £274,721 means this house is valued at £2,953 per sq meter (£274 per sq foot).
The average size of a house on CHATSWORTH DRIVE is 115 sq meters (1,239 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Mews |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beverley Drive |
Jul 2024 | Anti-social behaviour | On or near Southgreen Hill | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkland Close |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Farthing Way |