£278,252
This estimated value is based upon the latest sale price for the house of £170,000 on 8 Nov 2013. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £170,000 | 8 Nov 2013 |
| £182,000 | 25 Jul 2008 |
| £145,000 | 17 May 2002 |
| £76,500 | 6 Feb 1998 |
| £62,500 | 3 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 842 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 November 2013 the House Price Index for CITY OF NOTTINGHAM was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £170,000 results in an estimated price of approximately £278,252.
| 8 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £170,000 | £108,252 | £278,252 |
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 | 94.756 % | £161,085 | £331,085 |
| 3 Month Average | 117.427 % | £199,625 | £369,625 |
| 6 Month Average | 84.451 % | £143,567 | £313,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £193,885 | £190,000 | FLAT 7 7 PELHAM CRESCENT |
| 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 |
| 27 Feb 2023 | £256,715 | £255,000 | FLAT 1 20 BARRACK LANE |
This house has a floor area of 78 sq meters or 842 sq feet when measured on 23 Mar 2012. Using an estimated price of £278,252 means this house is valued at £3,554 per sq meter (£330 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 | Offender given a caution | On or near Hardwick Grove |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Harlaxton Drive |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pelham Crescent |