£272,624
This estimated value is based upon the latest sale price for the house of £58,000 on 7 Aug 1998. 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 |
---|---|
£58,000 | 7 Aug 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 August 1998 the House Price Index for CITY OF NOTTINGHAM was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.042%.Applying this 370.042% change to the original purchase price of £58,000 results in an estimated price of approximately £272,624.
7 Aug 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 149.7 | 370.042 % | £58,000 | £214,624 | £272,624 |
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 | 277.688 % | £161,058 | £219,058 |
3 Month Average | 374.006 % | £216,923 | £274,923 |
6 Month Average | 328.077 % | £190,284 | £248,284 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £215,756 | £211,000 | FLAT 4 37 LENTON ROAD |
21 Aug 2023 | £421,604 | £414,000 | 1 FIENNES CRESCENT |
4 Aug 2023 | £360,502 | £354,000 | 10 FRIARS COURT LENTON ROAD |
22 Jun 2023 | £795,900 | £779,950 | FLAT 1 19 CAVENDISH CRESCENT SOUTH |
14 Jun 2023 | £753,092 | £738,000 | THE COACH HOUSE FIENNES CRESCENT |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Mar 2017. Using an estimated price of £272,624 means this house is valued at £4,868 per sq meter (£452 per sq foot).
The average size of a house on CAVENDISH CRESCENT SOUTH is 89 sq meters (963 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Investigation complete; no suspect identified | On or near Rock Drive |